ETH ETFs may see first monthly inflow in 9 months

Ethereum (ETH) spot ETFs could experience net inflows this month after eight months of consecutive net outflows, according to crypto options trading platform BIT. However, BIT indicated that overall fund flows remain weak and demand has not been consistent, with only temporary inflows noted in July and August. The platform emphasized the difficulty in viewing Wall Street as a reliable source of demand. In comparison to Bitcoin (BTC) related financial products, demand for ETH products is significantly weaker, suggesting that Wall Street continues to favor Bitcoin.

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