JIANG ZHOR: ETH ETF HAS A HIGHER SHARE OF BTC ETF INFLOWS, PUSHING IT TO INCREASE MORE THAN BTC

On 23 August, Jiang Zhor, founder of the Lebit mine pool, wrote that, last week, BTC ETF inflowed $1.92 billion and ETH ETF in $700 million; the current total market value of ETH was about 18.8 per cent of the BTC, while its ETF inflow reached 36.4 per cent of the BTC inflow, which was twice as high as that of the BTC. This is why the maximum ETH increase in this round is 35.9 per cent higher than the BTC maximum increase of 26.6 per cent. Moreover, with the Trump government’s acceptance of the block chain, with the adoption of the CLARITY Act, United States financial assets, such as dollars, United States shares, and United States debt, will be massively linked, monetized, and smartly contracted, which will bring about great global financial freedom; Jiang Zor believes that US financiers will be interested in understanding and investing in the bottom chain itself when they see RWA assets rising。