BlackRock's Ethereum ETF continues to see capital inflows during the recent price correction. The on-chain data of Arkham Intelligence indicates that the related products have been attracting funds consistently over the past month, performing significantly better than similar funds.
Funding inflows have not been interrupted.
ETHA has not experienced any net outflows in the past 20 days, which means that the fund has maintained a net inflow for 20 consecutive days. Despite the relatively weak trend of Ethereum prices in recent weeks, institutional funds have not significantly withdrawn.
Differentiation of similar products
In contrast, other Ethereum ETF funds experienced multiple redemptions during this period. Reports mention that some similar funds faced pressure during market corrections, and their capital flows were not as strong as those of the products under BlackRock.
Institutional preferences remain...
The article argues that this change indicates that institutional investors have greater confidence in the products of BlackRock. Even as market sentiment remains cautious, ETHA continues to attract capital inflows.
