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Can Ethereum Price Go to $4K? ETH’s Open Interest Surges as Institutions Turn Bullish

  • On June 3, 2025, BlackRock reallocated $561 million from its Bitcoin ETF to Ethereum, marking a significant institutional shift.
  • This reallocation followed a two-day net outflow of $561 million from BlackRock’s iShares Bitcoin Trust amid rising institutional interest in Ethereum ETFs.
  • Ethereum ETFs experienced 11 consecutive days of net inflows totaling $78.2 million, primarily led by BlackRock with $48.4 million and Fidelity with $29.8 million.
  • Ethereum traded near $2,635 with a $318 billion market cap, and analysts anticipate a breakout above $2,700 could trigger rapid upside momentum towards $3,000 or higher.
  • BlackRock’s shift to Ethereum signals growing institutional confidence that could foster a broader altcoin surge and increased accumulation among whales and major holders.
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`html Ether ready for a big take-off while ETH is getting stronger! In the exciting cryptocurrency universe, Ethereum continues to capture global attention. With palpable strengthening, Ether (ETH) seems to be on the way to a significant take-off. As the second largest cryptocurrency for market capitalization shows signs of growth, analysts predict that it can outperform BTC in the near future. If you’re interested in the future of the crypt mar…

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https://www.cryptela.com broke the news in on Wednesday, June 4, 2025.
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