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Ethereum ETH|ETH’s capital flows are sending the market a signal
Recently, ETH’s performance may be more noteworthy than many people think.
On July 20, the US spot ETH ETF saw approximately $38 million in net inflows, with ETF capital inflows continuing the trend for two consecutive days.
This doesn’t mean ETH has officially reversed.
But at least it shows that institutional capital hasn’t completely ignored Ethereum.
I’ve always felt that ETH’s investment logic is different from BTC.
BTC is more like a digital asset, while behind ETH there’s an entire ecosystem such as DeFi, stablecoins, RWA, and Layer2.
If these applications keep growing, ETH’s future value won’t necessarily come only from “people wanting to buy this coin.”
Sometimes, what’s truly important isn’t how the market views you today, but how many people will need to use you in the future.
#事件合約上線 $ETH