AI TRENDS | Jiang Zhuoer Says ETH ETF Inflows Hit New High

LaiBit Mining Pool founder Jiang Zhuoer said ETH ETF inflows reached a new high, with BTC ETFs taking in $242 million and ETH ETFs drawing $234 million. According to Foresight News, he said ETH, at a scale equivalent to 18.8% of BTC's total market value, accounted for 96.8% of BTC's inflows. Jiang said the current inflow trend suggests a relatively stable consolidation pattern with rising lows, and he said a breakout could happen at any time. He added that if trading discipline did not prevent him from using leverage, he would also want to go long ETH.