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🔥 Big day for #Ethereum# ETFs.
On July 23, #ETH# spot #ETFs# saw $332M in net inflows - marking 14 straight days of gains📈
#BlackRock# ETHA alone pulled in $325M in one day.
This means greater institutional validation, as constant capital inflows through ETFs reinforce ETH's legitimacy. More capital flowing into ETFs means issuers need to acquire more ETH on the market, putting upward pressure on the price and increasing demand.
"AltSeason" underway: As we discussed before, these massive inflows of institutional capital into Ethereum are a key catalyst for the AltSeason narrative. If smart money is betting on ETH at this pace, it will likely spread to other large-cap altcoins as investors seek to diversify and generate returns.
The ETH wave is real.
#Ethereun # ETFs#