Lara Crigger: Doubtful Ethereum ETFs Can Attract the Same Scale of Inflows as Bitcoin Products
Golden Finance reported that this week the U.S. SEC approved a spot Ethereum ETF. Lara Crigger of data provider VettaFi warned that she doubted whether the Ethereum ETF could attract the same scale of capital inflows as Bitcoin products. Although Ethereum has more use cases, its market is much smaller than Bitcoin, and it has less awareness and visibility among the general investing public.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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