On May 21st, COINOTAG reported significant activity in the crypto markets, with Farside monitoring data revealing that the US Ethereum spot ETF experienced a considerable **net inflow** of **$64.8 million**. This noteworthy trend signifies a robust sentiment among investors, as it marks the third consecutive day of positive net inflows. Such consistent capital influx into the Ethereum ETF not only underscores the growing institutional interest in **Ethereum** but also reflects broader confidence in the cryptocurrency market. As regulatory clarity improves and financial products linked to cryptocurrencies expand, the appetite for Ethereum investments appears to be on the rise, positioning the ETF as a pivotal player in the evolving landscape of digital assets. Investors and market analysts will be keenly observing these trends as they gauge the sustainability of this bullish momentum.
Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-64-8-million-net-inflow-for-three-consecutive-days/