Bernstein: Net inflows into Ethereum spot ETFs may drive ETH to outperform the market

According to CoinDesk, broker Bernstein stated in a research report on Monday that Ethereum's performance this year has been inferior to Bitcoin, but the inflow of funds into Ethereum ETFs has reversed, which may indicate that this period of poor performance may have ended. On Friday, BlackRock's spot Ethereum ETF inflows reached $250 million, while its spot Bitcoin ETF only had an inflow of $137 million. This created a favorable supply and demand dynamic for ETH. Bernstein pointed out that staking returns could be another driving force for Ethereum. The initial Ethereum spot ETF did not include staking returns due to regulatory restrictions.