## Ethereum Spot ETF Reverses, US Stock Market Regains Buying Momentum

According to data tracked by Farside Investors, after experiencing four consecutive days of net capital outflows, the US spot Ethereum ETF successfully reversed its downward trend the day before yesterday, achieving a single-day net inflow of $67.9 million — a clear market signal.

**Diversified Capital Distribution**

In this rebound, major mainstream Ethereum spot ETF products performed variably. Among them, ETHE recorded a net inflow of $50.2 million, making it the largest contributor; Grayscale Ethereum Trust followed closely with a net inflow of $14 million; while FETH increased by $3.7 million. The inflows of these three products converged, jointly driving an overall improvement in market sentiment.

**Investment Logic Behind the Market Rebound**

From the perspective of ETH to USD exchange, the renewed attraction of spot ETFs indicates that institutional and retail investors are optimistic about Ethereum's medium-term prospects. During this year-end window, shifts in capital flow often reflect adjustments in market expectations for subsequent trends. The reversal after a short-term correction and the net inflow suggest that market participants believe current prices are attractive.

This wave of capital inflow recovery marks the end of the recent four-day selling pressure phase and may bring new trading opportunities for the last trading day of 2024.