Ether is increasingly going bullish on the Ethereum market as spot Ether ETFs are experiencing unprecedented inflows. In July, inflows grew by $5.4 billion to these ETFs, a record high.
These investment products are performing well despite a slight pause in the flow in August, reporting a further billion in inflows on Monday. This influx points to the increased institutional appetite towards Ethereum.
These factors are accompanied by the emergence of crypto-linked exchange-traded funds (ETFs), which indicate the growing need for regulated access to digital assets. Ethereum ETFs rank among the best-performing in the market, with huge investments being made.
Ethereum funds, such as the iShares Ethereum Trust (ETHA) established by have played a critical role in attracting institutional investors to the altcoin, implying that the Ethereum bull market is not reserved only for the retail market.
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