The US-based Spot Ether Exchange-Traded Funds (ETF) recorded only a third consecutive week of flow trade. If next week follows the suit, the current flow of flow can exceed $ 1 billion in total flow.
On June 6, spot Ether (Eth) ETFs post $ 25.3 million flows for the day of trading, extending stripes to 15 consecutive days of flowing, According to to the data away.
The Ether Etf Inflow Streak brings a significant amount of net total
The current flowing flow since May 16 has now brought $ 837.5 million, approximately 25% of the $ 3.32 billion in net inflows since the ETFs launched ETFs in July 2024.
If the pattern continues this coming week, an additional $ 162.5 million in streams will push across the streak to $ 1 billion.
In contrast, spot bitcoin (Btc) ETFs saw its streak break on May 29, with $ 346.8 million in the flow. Since then, the flows have become a change of mind, with a mix between the days of flow and flowing.
Meanwhile, the price of the Ether area reached 31.23% in the past 30 days, trading at $ 2,490 at the time of publication, According to In CoinMarketCap data.
Cointelegraph recently reported that a multi-year fractal gold makes a strong case for an ether rally towards $ 6,000 in the coming months.
Technical analyst Crypto Eagles It was said on June 3 that Ether appears to be repeating the current cycle of 2024–2025, which is a potential stage setting for a new high time.
Current all-time high $ 4,878 reached in November 2021, According to in coingecko data.
Related: Ether poised for ‘significant breakout’ while the price of ETH boosts compared to BTC
Some industry commentators believe that adding staking to see ETFs of ETF is necessary for a stronger performance in the long run.
On May 31, Cointelegraph reported that the First Ethereum and Solana Staking ETF It can be a few weeks after a few weeks following a recent FILE of sharing ETF Provider Rex.
ETF analyst James Seyffart said that, while not yet knowing the launch date, the firm used “regulation workarounds to get these products on the market.”
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