Ethereum ETF Investments Soar: Could ETH Price Hit $4,000 Soon?
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Investments in Ethereum ETFs have soared, sparking speculations that Ethereum prices might reach $4,000. Despite Grayscale’s Ethereum Trust experiencing over $2 billion in cumulative outflows, daily net inflows into U.S. spot Ethereum ETFs have become positive.
Many crypto analysts compare Ethereum ETFs' trajectory to that of Bitcoin, predicting similar successes.
BlackRock’s ETHA ETF, in particular, has shown positive momentum, even though spot Ether ETF flows have been erratic this week.
Source: coinpedia.org ↗
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