After a horrific start for this year, Ethereum ethereum etfs has managed (the US -based boxes), based in the past few weeks. This positive trend reflects the shift in feelings between Ethereum investors since the beginning of the second quarter of the year.
Ethereum ETFS 15 consecutive days of capital flows
According to Sosoverue data, Ethereum ETFS recorded a net $ 25.22 million on Friday, June 6. This last daily performance represents today 15 in a row of capital-tallest-tallest series of capital flows since its launch in July 2024-for the boxes circulating on the stock exchange.
IShare Ethereum Trust from Blackrock (with Ticker Etha) formed the majority of flows on Friday, when it recorded $ 15.86 million to close the week. Ethereum Mini Trust (ETH) of Grayscale was the United States -based ETHEREM ETF box, which is based in the United States -based, which is based on any activity, with a total net flow on 9.37 million dollars.
This performance, which cost $ 25.22 million, raised the total net weekly flow to a little more than $ 281 million last week, which represents the fourth consecutive week of the capital flow of the products based on ETHEREUM. In the previous trading week (from May 26 to May 30), Ethereum Etfs recorded a total net flow of $ 285.84 million.
Source: SoSoValue
According to market data, ETHEREUM ETFS, which is based in the United States, has recorded $ 856.81 million in total net flows over these four weeks. In the end, these positive offers show a change in the way investors are looking at Ethereum at the present time.
It is not surprising that this positive transformation in investor morale has been reflected in the performance of the ETH price during the past few weeks. Altcoin has witnessed renewal and demand, as its value increased by more than 15 % in the last 30 days.
From writing these lines, the ETHEREUM price is about $ 2521, which reflects more than 1 % in the past 24 hours. According to data from Coingecko, Altcoin’s value has decreased by 0.8 % in the past seven days.
Flows for the investment funds circulated in Bitcoin are slowing down
The Bitcoin’s investment funds in the United States were exceeding their own plan for a majority last month before its end on Friday, May 29. The financial products associated with the encryption have been a mixed performance of daily flows and external flows since then.
According to Sosoverue data, Bitcoin boxes circulating on the stock exchange recorded a net flow of $ 128.81 million last week. On Friday, BTC’s investment funds witnessed a total of $ 47.82 million, which led to the end of the trading week in a negative observation.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Distinctive image from Istock, tradingvief chart
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