BlockBeats news reports that Matrixport has revealed a substantial increase in demand for Ethereum ETFs recently. In the past 12 days, there has been a net inflow of $1.8 billion, with no single-day net outflow. On three days, single-day inflows exceeded $300 million. Adjusted for market cap, this equates to nearly $1.2 billion in daily inflows into Bitcoin, as Ethereum’s market cap is about a quarter of Bitcoin’s.
This capital flow may signify a shift in investment direction or an expansion of scope, coinciding with the new fiscal year of U.S. mutual funds starting on December 1. It also reflects the market’s optimistic expectations for 2025. If this demand persists, Ethereum’s price may rise significantly in 2025.
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