#ETH Since cryptocurrency prices have been declining since Thursday evening, U.S. spot Ethereum (ETH) ETFs have still recorded their 20th consecutive trading day with positive net inflows.

For now, this marks a double record, during which these ETFs have accumulated nearly $5.4 billion in additional net assets between July 3 and July 31. This series thus encompasses almost the entire $5.43 billion increase for the month of July:

For now, it should be noted that this series is not yet over, although it could potentially be challenged this Friday due to the drop in the price of ETH. The latter is currently trading at $3,640 as this is being written, down 5.8% over the last 24 hours.

For the sustainability of this series, we must hope for a possible recovery of ETH before tonight, 10 PM Paris time, or that the new subscriptions to these ETFs are significant enough to tip the balance.

In any case, this new record dethrones the one set between May 16 and June 12, during which these same ETFs had recorded 19 trading days with positive net inflows, totaling more than $1.36 billion.

After a difficult start last year, the cumulative results of these days show a clear acceleration, which began in mid-April: