On June 8, according to TheBlock, the ETH ETF has seen net capital inflows for 15 consecutive days, creating the longest net inflow period since November 2024. The cumulative net inflow has reached $3.33 billion, an increase of $820 million from before the current inflow started on May 16. BlackRock's ETHA added nearly $600 million during this period, with Grayscale's ETHE and ETH leading with a total scale of $4.09 billion.
ETH's price has risen 40% in the past month, but JPMorgan analysts believe: "Data shows that the current on-chain user activity of ETH has not yet broken through the level before the Pectra upgrade, and the benefits brought by the Pectra upgrade have not been fully realized." Bloomberg ETF analyst Eric Balchunas stated, "When institutional funds form a continuous inflow trend, they can often offset the impact of short-term market sentiment fluctuations."
