According to KookCapitalLLC, Ethereum (ETH) is capturing significant inflows due to the recent approval of spot Ethereum ETFs in the US, which has increased institutional interest and trading volume. On-chain data from Glassnode confirms a surge in large transactions and exchange inflows, indicating heightened accumulation by institutions and whales. Furthermore, the sustained growth of DeFi applications and Ethereum’s role in powering leading Layer 2 networks are further driving demand. These factors are leading traders to reposition portfolios to capitalize on ETH’s rising market dominance and improved liquidity (Source: KookCapitalLLC, Glassnode, Bloomberg).