Spot Ether ETFs See Strong Momentum With Third Straight Week of Inflows

Spot Ether ETFs- Ether ETFs Record 15 Consecutive Days of Inflows

Spot Ether ETFs– U.S.-based spot Ethereum (ETH) exchange-traded funds (ETFs) are continuing to gain momentum, closing their third consecutive week with positive inflows. According to data from Farside Investors, spot Ether ETFs recorded $25.3 million in inflows on June 6, marking the 15th consecutive trading day of net positive investment.

Since the streak began on May 16, a total of $837.5 million has flowed into Ether ETFs, accounting for around 25% of the $3.32 billion in net inflows since their launch in July 2024. Should the current trend continue, an additional $162.5 million next week would push the streak past the $1 billion mark.

While Ether ETFs have seen sustained interest, Bitcoin ETFs experienced a setback when their own inflow streak ended on May 29. On that day, Bitcoin ETFs recorded $346.8 million in outflows, leading to a more volatile pattern of inflows and outflows in the days since.

Analysts Eye Potential Ether Rally

Technical analyst Crypto Eagles noted on June 3 that Ether appears to be mirroring historical price behavior, suggesting that the current cycle (2024–2025) could lead to a new all-time high. Ether’s previous peak was $4,878 in November 2021, according to CoinGecko.

Adding to the optimism, Cointelegraph recently reported that a gold market fractal may be signaling a potential Ether rally toward $6,000 in the coming months.

Industry experts believe that the introduction of staking into spot Ether ETFs could strengthen long-term performance. On May 31, Cointelegraph reported that ETF provider REX Shares had filed for Ethereum and Solana staking ETFs. Analyst James Seyffart commented that “regulatory workarounds” are helping bring these products to market, although a specific launch date has yet to be confirmed.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.