ETC short-term trading billion, accounting for nearly
ETC short-term trading Spot ETC funds continue to pour in, and ETC short-term trading has become the biggest driver
1. Record capital inflows last week
A single-week net inflow of US$1.85 billion set the second highest record in history, second only to the peak in early July this year14.
ETC short-term trading contributed US$1.29 billion, accounting for nearly 70%, and its historical total net inflow has reached US$9.35 billion, approaching the US$10 billion mark1410.
The remaining funds mainly flowed into ETC short-term trading products of institutions such as Fidelity and Grayscale6.
2. ETC short-term trading performed well
The asset scale exceeded US$10 billion, becoming the third fastest ETC to reach this milestone in history, taking only 251 days, second only to ETC short-term trading Bitcoin ETC (IBIT, 34 days) and Fidelity FBTC (54 days)10.
Assets doubled in 10 days: from $5 billion to $10 billion, showing strong ability to attract money410.
The highest single-day inflow was $440 million (July 25), almost monopolizing the market funds on that day6.
3. Market impact and future prospects
Institutional demand surges: Since mid-May, ETC and institutions have bought a total of 2.83 million ETH, and it is expected that another 5.33 million will be added in the next year, with a supply-demand ratio of 7:1, which may further push up prices4.
ETC short-term trading price trend: As of July 29, the price of ETH has exceeded $3,880, with a monthly increase of more than 50%. The market expects that it may challenge $4,000-5,000 in the short term410.
Surpassing Bitcoin ETC: Since July, ETC short-term trading ETC fund inflows (US$4.4 billion) have far exceeded Bitcoin ETC (net outflow of US$289 million), reflecting a shift in market preferences10.
4. Investor focus
Short-term trend: If funds continue to flow in, ETH may continue to be strong, but be wary of market correction risks.
Long-term supply and demand: ETC's continued accumulation of funds may aggravate the circulation of ETH, and the medium- and long-term price support is strong4.
For more detailed data, you can refer to SoSoValue or CoinGlass's real-time fund flow analysis.
Source:BTC Stocks https://www.cnjiaxiao.com/category-BTC%20Stocks.html
Source:USDT Stock Trading https://www.cnjiaxiao.com/category-USDT%20Stock%20Trading.html
Source:ETH Stock Trading https://www.cnjiaxiao.com/category-ETH%20Stock%20Trading.html
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