TechFlow news, August 19 — Matrixport released a chart today stating, "The inflow of funds into Ethereum ETFs is primarily driven by the establishment and expansion of 'treasury-type companies.' Whether the market trend can continue to rise hinges on sustained institutional investment, especially given that on-chain activity remains sluggish.
Although stablecoin issuance is still predominantly concentrated on Ethereum and its future growth potential is widely optimistic in the market, this advantage mainly reflects long-term potential and contributes limited revenue in the short term.
From a technical perspective, if Ethereum fails to hold the $4,180 level, there remains a risk of further pullback."
Add to Favorites
Share to Social Media
