Ether ETF Inflows Reach $815 Million in Last 20 Days
According to a research report by Bernstein, the Ethereum blockchain's value lies in its function as a decentralized computer.
Key points include:
- Increasing inflows into ether ETH exchange-traded funds (ETFs) as institutional awareness grows.
- Ethereum has "maximum market share" in stablecoins and tokenization.
- Transaction fees from companies using stablecoin technology contribute to the Ethereum network.
- Ether ETF inflows reached $815 million over the past 20 days, with year-to-date net inflows at $658 million.
- The narrative around public blockchain networks is shifting, influencing investor interest in ETH ETFs.