Recently, the fund flow of Ethereum Spot ETFs in the United States has shown a remarkable trend. According to the latest monitoring data, the cumulative net inflow of these ETFs this week reached 154.3 million USD, an increase of 88% compared to last week's 82 million USD, indicating a significant rise in investor interest in Ethereum ETFs.

This week's capital inflow is not evenly distributed. The daily net inflow from Monday to Wednesday remained between 20 million and 30 million USD, while on Thursday it suddenly surged to 51 million USD, setting a recent single-day record high. Although there was a slight decline on Friday, it still remained at a high level of 42 million USD, indicating that investors accelerated their entry before the weekend.

It is worth noting that institutional investors played a major role in this wave of capital inflow, accounting for about 65% of the total inflow, while retail investors contributed the remaining 35%. This data reflects that not only individual investors are increasing their positions, but large institutions are also showing increasing interest in Ethereum Spot ETF.

What is even more noteworthy is that this week, the net inflow of Ethereum ETFs has surpassed that of Bitcoin ETFs for the first time. During the same period, the net inflow of Bitcoin Spot ETFs was $120 million, marking the first time in the past six months that the weekly fund inflow of Ethereum ETFs exceeded that of Bitcoin.

Analysts believe that this trend of capital flow may be related to the upcoming technical upgrade of Ethereum. At the same time, concerns about the regulatory environment have eased, prompting some investors to see this as an opportunity for positioning.

However, it should be noted that while an increase in capital inflow is generally seen as a positive signal, it does not necessarily mean that prices will rise immediately. It more reflects an improvement in market sentiment and an increase in investor confidence. Market participants remain cautious about whether this enthusiasm can be sustained, believing that further observation of subsequent capital flows and market reactions is needed.