Share this article
Ethereum Blockchain Is Useful Technology That 'Deserves Love,' Bernstein Says
Ether ETF inflows totaled $815 million over the last 20 days as investors have woken up to the network's value proposition, the broker said.
Jun 9, 2025, 2:03 p.m.
What to know:
- Ether ETF inflows increased as investors woke up to the network's value proposition as a decentralized computer, according to Wall Street investment firm Bernstein.
- Inflows into ether ETFs hit $815 million over the last 20 days, said the report.
- Interesting blockchain use cases such as stablecoins and tokenization are native to Ethereum, the broker said.
The Ethereum blockchain's unique selling point is its role as a decentralized computer, Wall Street broker Bernstein said in a research report Monday.
Inflows into ether exchange-traded funds are increasing as institutions become aware of the network's value proposition, the broker said.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The blockchain "deserves love" as it is useful technology, according to the report, acknowledging that ether's larger peer bitcoin benefits from its perception as a store of value, or digital gold.
"Interesting blockchain use cases such as stablecoins and tokenization are native to Ethereum, analysts led by Gautam Chhugani wrote, adding that the network enjoys "maximum market share" in these areas.
Companies that use stablecoin technology are paying transaction fees to the Ethereum blockchain, the report noted.
As institutions become more aware of the value inherent in the network, ether ETF inflows have begun to pick up, the report noted.
Ether ETF inflows reached $815 million over the last 20 days, with year-to-date net inflows turning positive at $658 million, Bernstein said.
"The narrative around value accrual of public blockchain networks is at a critical inflection point, " the broker said, and this is "starting to reflect in investor interest in ETH ETF inflows."
Read more: ETH Surges as Spot ETF Inflows Hit 15-Day Streak, Traders Watch $2,540 Level
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
