Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?
Summary
Ethereum's price surge near $4,000 led to $2 billion inflows in digital asset investment products, with Ethereum experiencing its best week since March with $69 million inflows. Despite this, Ethereum's price struggled to maintain bullish momentum, dropping to $3,577. However, addresses holding over 10,000 ETH increased by 3%, indicating buying pressure. Analysts predict differing future price actions for Ethereum, with uncertainty prevailing as the cryptocurrency currently trades at $3,690, down 6.5% in the past two weeks.
