According to Matrixport data, the demand for Ethereum ETFs has increased significantly recently. The cumulative net inflow of funds in the past 12 days has reached $1.80 billion, and there has been no single-day net outflow of funds. Among them, the single-day inflow exceeded $500 million on three days. Adjusted by market value, this is equivalent to the daily inflow of nearly $1.20 billion in Bitcoin.
The analysis pointed out that this capital flow may reflect a reorientation or expansion of investment, which coincides with the new fiscal year of US mutual funds starting on December 1, and reflects the market's optimistic expectations for 2025. If this demand continues, the price of Ethereum in 2025 may rise significantly.
Matrixport: Ethereum ETF demand surges, ETH price expected to rise significantly in 2025
2024-12-11 07:59:59
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