2 days ago, the daily net inflow of spot ETH ETFs recorded a new ATH!

in hive-103599 •  2 days ago 

1000009963.jpg

1000009965.jpg

Source: CoinGlass

Compared to a week ago, it's double!

Retail investors and institutions have been accumulating around 2m ETH(Ethereum) by purchasing spot ETH ETFs since last July. It's around $7.2b, which means they have not exited yet!

If you were them, would you sell ETH? Even ETH price doesn't touch ATH(All Time High)? If I were them, I won't sell any ETH.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you for sharing on steem! I'm witness fuli, and I've given you a free upvote. If you'd like to support me, please consider voting at https://steemitwallet.com/~witnesses 🌟

It is expected to hit a new all - time high this year.