Spot Ether ETFs ongoing inflow streak has hit $812.2M inflows
US-based spot Ether exchange-traded funds (ETFs) have experienced a third consecutive week of inflows, totaling $837.5 million since May 16. On June 6, inflows reached $25.3 million, marking 15 consecutive days of inflows. If the trend continues, total inflows could exceed $1 billion. In contrast, spot Bitcoin ETFs faced $346.8 million in outflows since May 29, with fluctuating inflow and outflow days. The spot price of Ether increased by 31.23% over the past month, trading at $2,490. Analysts suggest a potential Ether price rally toward $6,000, with the possibility of reaching a new all-time high beyond the previous peak of $4,878 in November 2021. There are discussions about incorporating staking into spot Ether ETFs for improved long-term performance, with potential Ethereum and Solana staking ETFs expected to launch soon.
