The latest data from Spot On Chain reveals that the net inflow for Ethereum spot ETFs in the United States has reached a noteworthy $139.4 million as of January 26th. This significant figure, however, underscores a marked disparity in fund flows when compared to its Bitcoin counterpart, where momentum remains comparatively stronger. A deeper analysis further indicates that despite this inflow, the price of ETH continues to linger around 27% beneath its historical peak, which raises questions about market sentiment and investor confidence in the current ecosystem. As the cryptocurrency market continues to grapple with volatility, these figures serve as a critical benchmark for potential future movements and investor strategy. Stakeholders should monitor these trends closely to gauge the evolving dynamics between Ethereum and Bitcoin ETFs.
Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-139-4-million-net-inflow-amid-price-stagnation-a-closer-look/