🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Ethereum ETF inflows exceed $4 billion, attracting $1 billion in just 15 days, a new record high.
Ethereum ETF inflows continue to rise, exceeding $4 billion in 11 months.
The spot Ethereum ETF listed in the United States has performed outstandingly since its launch, with a total net inflow of over $4 billion in just 11 months. These products were listed on July 23 last year, and as of May 30 this year, the cumulative net inflow reached $3 billion over 216 trading days.
It is worth noting that after breaking the $3 billion mark, the spot Ethereum ETF has attracted an additional $1 billion in funds in just 15 trading days. As of the close on June 23, its total net subscription amount has risen to $4.01 billion. These 15 days account for 6.5% of the total trading history, yet contribute to a quarter of all inflows to date.
The main driving force behind this growth comes from several major institutions. Among them, a large asset management company's Ethereum trust fund leads with a total inflow of $5.31 billion, while another well-known investment company's Ethereum ETF contributed $1.65 billion, and a cryptocurrency investment company's product increased by $346 million.
In contrast, a traditional cryptocurrency investment trust recorded a fund outflow of $4.28 billion during the same period. This shift in fund flows is also reflected in the daily data. For example, on June 11, a certain asset management company's Ethereum trust absorbed over $160 million in funds. Between May 30 and June 23, this trust had five trading days where the single-day fund inflow exceeded $100 million.
Market analysis indicates that lower management fees and established relationships in the primary market are the main reasons attracting capital inflows. Most newly launched ETF products charge a management fee of 0.25%, which is in line with the industry median and significantly lower than the 2.5% rate of some traditional products.
According to a market report, there are three main factors driving the surge in funds in June: first, the rebound of ETH price relative to BTC; second, the U.S. tax authorities providing clearer tax guidance on staking income in certain ETFs; and finally, large-scale rebalancing operations by multi-asset allocators also drove fund inflows, as these investors view Ethereum as an extension of their portfolios rather than merely speculative bets.
Industry insiders generally believe that there is still room for improvement in the participation of institutional investors. As of the end of March, the share of professional investment management companies in the assets of spot Ethereum ETF was less than one-third. As the submission period for the next round of institutional holding reports approaches in mid-July, the market will further understand whether professional investors have joined the recent influx of funds.
This series of data and trends indicates that although retail investors remain the primary participants, institutional interest in Ethereum ETFs is gradually increasing. As the market continues to mature, Ethereum ETFs may attract more attention from institutional investors, further driving the growth of capital inflows.