ETH ETFs could see first monthly net inflow in 9 months

Ethereum (ETH) spot ETFs could switch to net inflows this month after eight consecutive months of net outflows, crypto options trading platform BIT said on X. However, the platform noted that overall fund flows remain weak and that demand has not been sustained, with the exception of temporary inflows last July and August. It added that it is difficult to view Wall Street as a source of consistent demand. Compared to BTC-related financial products, demand for ETH products is decidedly weaker, which BIT suggests is a sign that Wall Street still prefers Bitcoin.