Ethereum ETF Flows & Crypto Fund Inflows Reach New Highs

CoinShares weekly report dey highlight say crypto fund inflows dey surge, with total inflows reach $4.39 billion for early week, push year-to-date inflows reach $27 billion and make assets under management (AUM) hit record $220 billion. This na the 14th straight week wey dem get positive flows plus record ETF trading turnover of $39.2 billion. For latest update, Ethereum ETF flows hit new high of $56 million — di biggest weekly total since dem start track am — while Bitcoin ETF flows add $29 million. Overall crypto fund inflows stand at $130 million, mark the fourth week wey dem get net inflows one after another. Altcoin ETPs for Solana and Cardano also attract plenty capital, show say many institutions dey reason am. The spike for Ethereum ETF flows show say investors dey get serious interest to get Ether exposure as network upgrade dey come and staking opportunities dey increase. Combined with strong Bitcoin ETF flows, these institutional inflows dey boost bullish sentiment and fit drive more price momentum, fit push ETH pass $4,000 and make market stability strong.