In contrast to short-term volatility, Ethereum is receiving dual support from fundamentals and capital flows. Major technical upgrade: Today, the Ethereum network successfully implemented the BPO-1 upgrade. This upgrade increases Blob capacity per block to 15, which is expected to significantly reduce fees on Layer 2 networks such as Arbitrum and Optimism, further enhancing the scalability and user experience of the ecosystem. Continuous improvement in capital flows: Institutional capital continues to enter through compliant channels. Since the beginning of 2026, US spot Bitcoin and Ethereum ETFs have accumulated net inflows exceeding $1.5 billion. On January 2 alone, spot Ethereum ETFs recorded $174.5 million in inflows, marking a new high in recent weeks. This "spot-driven" capital inflow provides a solid buying foundation for the market.
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In contrast to short-term volatility, Ethereum is receiving dual support from fundamentals and capital flows. Major technical upgrade: Today, the Ethereum network successfully implemented the BPO-1 upgrade. This upgrade increases Blob capacity per block to 15, which is expected to significantly reduce fees on Layer 2 networks such as Arbitrum and Optimism, further enhancing the scalability and user experience of the ecosystem. Continuous improvement in capital flows: Institutional capital continues to enter through compliant channels. Since the beginning of 2026, US spot Bitcoin and Ethereum ETFs have accumulated net inflows exceeding $1.5 billion. On January 2 alone, spot Ethereum ETFs recorded $174.5 million in inflows, marking a new high in recent weeks. This "spot-driven" capital inflow provides a solid buying foundation for the market.