Ethereum ETF capital flow turns positive, Bernstein emphasizes its value as a financial innovation underlying platform.

Bernstein analysts believe that Ethereum is at a critical inflection point, as the crypto industry shifts from speculation to real financial innovation. While Bitcoin ETFs have been hugely successful in the U.S., with more than $120 billion in assets under management, Ethereum ETFs are relatively small, at just $9 billion. Analyst Gautam Chhugani noted that Ethereum's value lies in its position as a decentralized computer, supporting key applications such as stablecoins and asset tokenization. In the past 20 days, Ethereum ETF inflows have reached $815 million, and the year-to-date net inflows have turned positive to $658 million.