Jiang Zhuoer, founder of Leibit Mining Pool, says ETH ETF inflows have hit a record high, with $234 million moving into ETH ETFs versus $242 million into BTC ETFs. He highlights that ETH's market cap is only 18.8% of BTC's but absorbs 96.8% of BTC's inflow volume. He sees a stable high-level consolidation with rising lows and possible upward breakout, and would go long ETH if not for leverage restrictions.
Jiang Zhuoer, founder of Leibit Mining Pool, said in a post on X that inflows into ETH ETFs reached a fresh record high. The figures he shared show BTC ETFs attracted $242 million in daily inflows, while ETH ETFs took in $234 million.
According to Jiang, ETH's total market cap is equivalent to only 18.8% of BTC's, yet its ETF inflows accounted for 96.8% of the amount flowing into BTC ETFs. He believes that the current "high-level consolidation with rising lows" appears stable and could break upward at any time. He also noted that, were it not for his trading discipline restricting the use of leverage, he would look to go long on ETH as well.
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