ETH ETF Inflows Hit Daily Record
ETH ETFs printed $890M in single-session inflows — a record by a wide margin.
Cumulative ETH ETF inflows now sit just shy of the BTC ETF cumulative pace at the equivalent post-launch period. The institutional bid is real and structural, not speculative.
What it means for ratio trades
The BTC/ETH ratio has been compressing since the inflows accelerated. Anyone short ETH/BTC against the consensus framing has been hurt. Setup now favors continued compression unless ETF flows materially reverse.
TFZ view: institutional ETH thesis is the consensus trade for Q3. Position sizing matters more than direction.
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