🔥🔥🔥May US ETH Spot ETF Net Inflow
Current Net Inflow $564.17M
Total Net Asset Value $10.19B (Change +3.06B)
Current ETH Price Change +40.22%
Account for 3.02% of ETH Market Value (BTC's ETF accounts for 6.08%)
Combined with ETH's recent market conditions, the early May surge has had a certain effect. 💥 It seems that mid to late May is focused on accumulating positions, and in the first 10 days of June, $460M worth of positions were bought, suggesting another potential surge is about to start. If the proportion aligns with BTC-ETF's 6.08%, 💥 ETH's price could rise above $3800, especially since BlackRock's ETH-ETF is still below the cost line.
Let the bullets fly for a while, looking forward to Ethereum's performance in July and August; perhaps the takeoff will happen in an instant!
