Ethereum Ether (ETH) raises a new record with billions of dollars in posts

Ethereum (ETH) Ethe makes a new record

If cryptocurrencies are falling from Thursday evening, Ethereum Ethereum (ETH) Spot American still signed its 20. A successive trading day with positive clean items.

Meanwhile, this is a double record during which the ETF received nearly $ 5.4 billion between 3 and 31. This series therefore includes almost all $ 5.43 billion in July:

Balance of outflow/daily influx on Etfe Ethereum

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For the time being, the further clarification that this series is not yet completed, although this Friday can be questioned due to the fall in the price of ETH. And for a good reason, when writing these lines is exchanged for $ 3,640, in the last 24 hours by 5.8 %.

For the sustainability of this series, We must therefore hope for a possible ETH renewal before this evening10:00, Paris Time or that the new subscription of these ETFs is important enough to tilt the scale.

Whatever it is, this new record, which was entered into 16 and 12 June, during which the same ETF combined 19 days of trading in positive net records, all over $ 1.36 billion.

After the difficult beginnings last year, the cumulative results of these days show a very clear acceleration that has hit since mid -April:

Cumulative inputs and outputs to Ethereum

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From their launch, American Ethereum Ethereum Spot has accumulated more than $ 9.64 billion in items. In order to achieve their recent increase in popularity, while these ETFs were triggered a year ago, more than 74 % of their tides were performed within 3 months or more than 56 % only in July.

Now the total net assets are under the administration of Ethereum $ 21,52 billion. As with the tide, acceleration of this increase is particularly marked since April, while this statistics dropped to $ 5 billion:

The value of net assets under the Ethereum Administration

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In the equivalent of ETH, this amount of asset administration is approximately 5.76 million units today, or 4.77 % of the total number of ETH in circulation.

For comparison, we determine that, despite very good performances, Ethereum remains more than 7 times less capitalized than their competitors at Bitcoins (BTC).

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Source: Sosovalue

Since 2021 I have devoted my free time to seriously train for cryptocurrencies to gain maximum knowledge and credibility. I often have the opportunity to interview influential personalities from the blockchain industry. I also perform Web3 topics analyzes to offer exclusive content to cryptoast readers.

Vincent mayor

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