Ethereum ETFs Dey Record $1B Inflows as ETH Near 2021 High
Ethereum ETFs bin get record inflows pass $1 billion for one day, pass di old $726.6 million high. BlackRock’s iShares Ethereum Trust lead di surge wit $640 million, while ProShares and VanEck products also show strong gains. Nine Ethereum ETFs now dey manage over $10 billion assets, show say more institutional investment plus market confidence dey grow. Di rush into dem funds make sharp price bump for ETH. First, price climb reach near $3,300 then later jump to about $4,500, just 8% below e 2021 all-time high. More Ethereum ETF inflows and di chance say US go approve spot ETFs fit help maintain di bullish momentum short and long term.
Bullish
Di record inflows wey dey enter Ethereum ETFs dey show say institutional people dey get more confidence for regulated crypto products, and e don directly cause big price rally for ETH. Strong subscriptions for one day, especially di $640 million wey enter BlackRock’s iShares Ethereum Trust, make total AUM pass $10 billion, reduce supply pressure and attract more buyers. Historically, similar ETF inflows dey link well to better liquidity and positive price trends. For short term, more big inflows plus possible approval of spot Ethereum ETFs fit keep di upward momentum. For long term, more institution dem participation and clear regulation fit support stable growth for ETH, and dem dey reinforce bullish outlook.