Ethereum Spot ETFs See 10 Consecutive Days of Positive Inflows
- US spot Ethereum ETFs experienced inflows totaling $70.2 million during the last trading day of May, marking the tenth straight day of positive net flows, with BlackRock's ETHA fund receiving all of that day's investment.
- This inflow surge follows months of outflows and coincides with recent regulatory advances and improved market sentiment toward Ethereum.
- Ethereum’s on-chain metrics show strong bridged net flows and stablecoin issuance growth, confirming increased liquidity and institutional participation.
- At around $2,636 per ETH, analysts suggest that a close above $2,720 amid volume could trigger momentum toward the psychological $2,900 price level.
- These inflows and on-chain strength indicate growing institutional confidence and suggest Ethereum's rising acceptance as a mainstream investable asset class.
14 Articles
14 Articles
Key points of the news Ethereum led investments in digital assets with $321 million in weekly entries, its best performance since December 2024. Meanwhile, Bitcoin closed the week with 8 million outflows, breaking a six-week revenue streak. Hong Kong, Germany and Australia showed a growing activity in crypto products, reflecting an increase in interest beyond the US market. During the last week of May, Ethereum positioned itself as the big prota…
CoinStats - Ethereum Funds Draw Significant Capital...
Recent fluctuations in the realm of cryptocurrency investments have resulted in a substantial movement toward Ethereum-based funds, which have emerged as the frontrunners in terms of net inflows. Last week, these funds reported an impressive intake of $321 million, contributing to a cumulative inflow of $10.9 billion over a seven-week span.Continue Reading:Ethereum Funds Draw Significant Capital
$286M Surge in Crypto Funds as Ether Tops Purchases, Reports CoinShares
The cryptocurrency market witnessed a significant fluctuation last week, marking a contrasting scenario of investment inflows and selling pressures. According to the latest report from digital asset manager CoinShares, cryptocurrency investment products saw substantial inflows while some cryptocurrencies faced heavy selling. Investment Inflows and Asset Performance The recent CoinShares report reveals that last week, cryptocurrency funds attract…
What will happen to the price of Ethereum in June - World Stock Market
After Bitcoin reached a new historical maximum in May, the leading altcoin Ethereum again attracted the attention of traders, on May 29, rising to a many -month peak of $ 2,789. However, over the past two weeks, the market as a whole has cooled, and the price of ETH has stabilized in a narrow range. Despite this, analysts retain optimism about ETH prospects for June. Ethereum forecast becomes optimistic In an exclusive interview with Beincrypto,…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage