LondonCryptoClub
LondonCryptoClub
BTC-0.66%
ETH+3.22%
Can we take a second to re-read those net inflow numbers Over $1bn into ETH 🤯 Even adjusting for how much is simply basis trading (when we spoke to the guys at BlackRock, they actually said basis trading accounts only for around 15% of flows) That’s a lot of inflows It’s a case of WHEN ETH hits new record highs, not IF Supply/demand 101 No need to over complicate this one
LondonCryptoClub
LondonCryptoClub
Yesterday, the U.S. spot Ethereum ETFs saw a total net inflow of $1.019 billion, led by BlackRock’s ETHA with $640 million. Spot Bitcoin ETFs recorded $178 million in net inflows, with BlackRock’s IBIT contributing $138 million.
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