CDS Crypto News Ether ETFs See Record 15-Day Inflow Streak: Is a Bull Run Incoming?
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Ether ETFs See Record 15-Day Inflow Streak: Is a Bull Run Incoming?

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Ether Etfs See Record 15-Day Inflow Streak Is A Bull Run Incoming

Ether ETFs See Record 15-Day Inflow Streak: What’s Fueling the Surge?

Ether Etfs See Record 15-Day Inflow Streak: What’s Fueling The Surge?

There have been inflows into Ethereum ETFs for fifteen consecutive trading days, and there are no indications that this trend will slow down. Location With an incredible $837.5 million in gains since May 16, Ethereum ETFs have achieved their longest winning run to date and are attracting institutional investors’ attention once again.

According to data from Farside Investors, spot ETH ETFs had $25.3 million in inflows on June 6 alone, ending their third straight trading week in the green. Net inflows since the launch could surpass $1 billion if the trend continues next week, which would be a significant market and psychological milestone for ETH supporters.

ETH’s momentum appears driven by several converging factors: institutional ETF flows showing renewed interest in ETH products, growing anticipation around Ethereum’s roadmap upgrades,

Marcin Kazmierczak, Co-Founder and COO of Redstone

Ethereum Dominates Crypto Inflows Again: Is a New Altcoin Season Starting?

The ETH/BTC market cap ratio, climbing above 0.14, according to Kazmierczak, may be an early indication of a wider altcoin season and a likely return to risk on altcoins. The flows display that conviction. According to the most recent data from digital investment company CoinShares, digital asset flows were topped by Ethereum-related investment products for the second consecutive week. These products brought in $296.4 million, bringing the total for the seven-week period to $1.5 billion.

This represents the strongest run of inflows since the U.S. election,

James Butterfill, CoinShares Head of Research

The amount now amounts to 10.5% of all Ethereum assets under management, he noted.

Bitcoin ETFs See Red: Massive $600M Outflow Sparks Investor Concerns

Ether Etfs See Record 15-Day Inflow Streak: Is A Bull Run Incoming?

Bitcoin ETFs are blinking red in contrast. After a terrible week, U.S. spot Bitcoin ETFs had outflows of $278 million on June 5 and $47.8 million on June 6. BlackRock’s iShares Bitcoin Trust (IBIT), which led the decline, saw its largest outflow since February on May 30 after losing $430.8 million in a single day, ending a 34-day inflow streak.

According to SoSo Value statistics, that one move contributed to the day’s total Bitcoin ETF outflows surpassing $600 million, capping the biggest institutional run for IBIT yet. According to Farside’s weekly data, Bitcoin ETFs had outflows totaling $131.6 million last week, continuing their downward trend.

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Ether Etfs See Record 15-Day Inflow Streak: Is A Bull Run Incoming?
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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