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"Institutional Demand for Ethereum Spot ETF Increases"

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Son Min
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  • It was reported that the demand for Ethereum spot ETF among institutional investors is increasing.
  • This month alone, 24,7000 ETFs have flowed into the Ethereum spot ETF.
  • It was stated that the demand for Ethereum spot ETF, like Bitcoin, will continue to increase.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

There is a claim that the demand for Ethereum (ETH) spot ETF among institutions is increasing.

On the 28th (local time), a representative of a major crypto fund stated through X that "the demand for Ethereum spot ETF among institutional investors is increasing" and that "only this month, 24,7000 ETFs have flowed into Ethereum spot ETF." He mentioned that "the demand for Ethereum spot ETF, like Bitcoin, will continue to increase" and described it as "the altcoin season centered on institutions."

Furthermore, he added that "the X post about Ethereum also increased by 282%."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit