Ethereum Spot ETF sees third consecutive week of net increase on hopes of staking being allowed

As funds are flowing out of Bitcoin-based physical exchange-traded index funds (ETFs), the second-largest ETF by market capitalization, Ethereum (ETH) physical ETF recorded net inflows for the third consecutive week.
With the introduction of staking (cryptocurrency deposit) features and a surge in interest in stablecoins, Ethereum is attracting attention as an alternative investment to Bitcoin.
〇 Cumulative inflows surge by 25% in 3 weeks…US SEC changes position on banning staking
According to Hwasaido Investor on the 11th, Ethereum was purchased on the 6th (local time).
The Ethereum Spot ETF saw an inflow of $25.3 million, marking the third consecutive week of net inflows since the 16th of last month (local time).
During this period, the total amount of inflows into the Ethereum spot ETF was $837.5 million.
Approximately 25% of the total inflow ($3.32 billion) occurred in just three weeks. The reason for the increased demand for Ethereum spot ETFs is that staking functions for spot ETFs are now allowed.
Staking is a core feature of the Ethereum ecosystem and a differentiator from Bitcoin.
If you deposit Ream tokens, you will receive a fixed percentage of interest per year. Until now, the U.S. Securities and Exchange Commission (SEC) has warned that ETFs with staking functions may be considered "securities."
The US has blocked the launch of the cryptocurrency, arguing that the act of offering Ethereum tokens as a reward can be considered a "dividend" under securities law.
The AmETF does not include a staking function. However, after President Donald Trump took office in January this year, the SEC's tone changed. The SEC announced last month that it would allow staking of cryptocurrencies such as Ethereum.
The company clarified that staking on a roof-of-stake (PoS) blockchain does not necessarily qualify as securities trading.
△ Node operators stake their own virtual assets
△ Staking by asset holders through a third party node operator
△ Trustees do not need SEC approval to stake virtual assets on behalf of their clients.
Kim Min Seo, director of the Cobit Research Center, said, "This reflects the expectation that Ethereum spot ETF staking may be permitted."
○ Ethereum's "beneficiary stock" attracts attention amid stablecoin craze... Bitcoin ETF sees continuous net outflows
The growing interest in stablecoins around the world is also a factor
"Ethereum has a large stablecoin ecosystem and a robust decentralized finance platform," said Chris Berniske, Partner at LUDA.
i) have the infrastructure to support stablecoins. This is the background to the outlook that Ethereum will be the biggest beneficiary if the US stablecoin-related law, the Genius Act, is passed.
On the other hand, spot ETFs based on Bitcoin, the virtual currency with the highest market capitalization, are relatively sluggish.
The center recorded a net outflow of $278.4 million for the second consecutive trading day. Kim said, "The price of Bitcoin has been stagnating since hitting a record high at the end of last month. Recently,
"It was seen as a safe haven asset like gold, but it has been affected more by uncertainties related to President Trump (such as the global trade dispute)."
Ethereum co-founder Anthony Di Iorio said, "The Ethereum network is a simple value chain.
"It is a platform with diverse functions and potential applications that goes beyond being a means of storing value," he said, emphasizing that "it is not a competitive good to Bitcoin, but an alternative."