It is observed that Ethereum has entered a positive period. After five consecutive days of net inflows, Ethereum (ETH) 
$3,170 exchange-traded funds (ETFs) are showing cumulative net inflows for the first time since they were launched in July.
Spot ETH ETF
Tuesday and Monday saw the highest daily net inflows for spot ETH ETFs, at $135.9 million and $295.5 million, respectively. According to SoSoValue data, these inflows contributed to cumulative net inflows remaining at $94.6 million.
This shift in ETH inflows comes ahead of ETF provider Bitwise announcing its acquisition of Ethereum staking firm Attestant early Wednesday. This step is considered an important step for the crypto asset manager to introduce a new ETH ETF with staking rewards. With Trump winning the election, the SEC may change its strict stance on this issue. ETFs with staking rewards may attract much more attention from institutional investors.
Currently, nine spot ETH ETFs do not include staking rewards. Staking refers to the act of earning returns in ETH in exchange for securing the Ethereum network.
Grayscale’s Status
Spot Bitcoin 
$87,585 Unlike ETFs that have consistently received significant inflows since January, spot ether ETFs have been steadily experiencing greater outflows. On September 23, cumulative net inflows fell to -$686.7 million in Grayscale’s ETHE due to US dollar outflows.
“After the recent elections, we see market gains expanding beyond BTC into ETH, alt-L1s, and DeFi. Wider adoption by institutions across treasuries and pension funds, increased public blockchain integration of traditional financial infrastructures, and friendlier crypto regulations raise expectations.”
– Jim Hwang, Firinne Capital COO
Increase in ETH Prices
ETH price is trading at $3,270, up 2.4% in the last 24 hours and 25.2% in the last seven days. These are the highest levels in more than three months for the second-largest cryptocurrency with a market cap of nearly $400 billion.
The reasons for a positive period for ETH include the “fear of missing out” (FOMO) stated by Jim Hwang, COO of Firinne Capital, and the election of crypto-friendly governance and legislatures following the US elections. This situation has increased the interest in Ethereum by raising market expectations.
Regulation Expectations
Hwang stated that the expectations in crypto regulations are now likely to come true. Against this backdrop, the launch of ETH ETFs with new features such as staking rewards could increase investor interest and support institutional adoption of Ethereum.
These positive developments in Ethereum ETFs once again reveal the impact of fluctuations in the crypto market on investor behavior. In particular, the expectations of institutional investors and improvements in regulations may shape the future performance of Ethereum.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
