📊 In the last month, American spot exchange-traded funds in Ethereum raised $2.45 billion, which is approximately 500,000 ETH. This figure exceeded the total amount of all coins issued since the The Merge upgrade — 456,723 ETH.
The current week has also been a record: investors invested $2.27 billion in nine spot Ethereum ETFs.
BTC Markets analyst Rachel Lucas described such accumulations as strategic and long-term. According to her, this "removes significant liquidity from the market".