Jiang Zhuoer: Strong capital inflows into ETH ETF, ETH may break through upwards at any time
2026-08-28 19:10:32
According to CoinMeta, Jiang Zhuoer, the founder of LaiBit Mining Pool, stated that the capital inflow for ETH ETF has reached a new high, with $242 million flowing into BTC ETF and $234 million into ETH ETF. ETH accounted for 96.8% of the total capital inflow, which is equivalent to 18.8% of BTC's total market value. Jiang Zhuoer believes that based on the current level of capital inflow, the trend of consolidation at higher levels, with continuously rising lows, is quite stable and could break upward at any time. If it weren't for the restrictions on trading discipline that prevent leverage, he would also want to go long on ETH.
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Source:Internet
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