🔍🔍🔍 ETH ETF is attracting more interest from larger funds than BTC ETF

After 4 consecutive weeks, inflows into ETH ETF have increased ~x8.5, from -$38M to +$281M

Just this week, in only a few days, it has already reached +$177.6M

Meanwhile, BTC ETF saw the opposite, with a record of -$128.8M last week

ETF statistics for May show:

- BTC ETF inflows increased by 119%

- ETH ETF inflows increased by 753%

ETH ETF inflows are rising strongly

=> fund clients are buying more ETH ETF => distributing more ETFs => purchasing more ETH

Just in the first few days of June, Blackrock has accumulated an additional ~187K ETH (~$487.8M)