BlockBeats News, June 8th, according to TheBlock, the Ethereum ETF has seen 15 consecutive days of net inflows, marking the longest inflow streak since November 2024. The cumulative net inflow has reached $3.33 billion, growing by $820 million since the start of this inflow round on May 16th. During this period, the Grayscale ETHE and ETH products lead with a total AUM of $40.9 billion, while the Bitwise ETHA has added nearly $600 million.
Ethereum has seen a 40% price increase in the past month, but according to analysts at JPMorgan, "Data shows that the current on-chain activity on Ethereum has not yet surpassed the pre-Pectra upgrade levels, and the benefits of the Pectra upgrade have not fully materialized." Bloomberg ETF analyst Eric Balchunas stated, "When institutional funds form a trend of sustained inflows, it often offsets the impact of short-term market sentiment fluctuations."