Ethereum has been gaining traction in recent months, and the latest figures from Moomoo's analysis confirm this upward momentum. On May 1, Ethereum spot ETFs recorded a net inflow of $101.2 million, demonstrating investors' confidence in the digital currency.
This surge in investment is likely driven by Ethereum's growing adoption and increasing market presence. As more institutions and individuals take notice of its potential, we can expect to see continued interest in this leading cryptocurrency.