According to @MilkRoadDaily, ETH ETFs attracted $5B of inflows in July, nearly matching BTC for the first time, highlighting accelerating institutional demand via digital asset treasuries buying billions in ETH; traders should watch ETF net flows as a near-term liquidity driver for ETH. Source: @MilkRoadDaily (X, Aug 12, 2025). According to @MilkRoadDaily, Electric Capital co-founder Avichal characterizes this setup as a potential "ETH 2019 BTC moment," signaling a possible cycle inflection that makes the ETH/BTC relative trend and sustained ETF subscriptions critical trading monitors. Source: @MilkRoadDaily (X, Aug 12, 2025).