- U.S. spot Ether ETFs report three straight weeks of daily inflows.
- Total inflows since May 16 reach $837.5 million, about 25% of all inflows since launch.
- Ether’s price climbs over 31% in the past month, now at $2,490.
- Spot Bitcoin ETFs have seen mixed inflow and outflow days since May 29.
- Industry analysts predict potential all-time highs for Ether, with new staking ETF products possibly on the way.
Spot Ether exchange-traded funds (ETFs) in the United States have recorded inflows for 15 straight trading days, marking three consecutive weeks of growth as of June 6. If this trend continues for another week, the recent streak could reach over $1 billion in new investments.
In the current inflow streak starting May 16, Farside data shows that $837.5 million has entered Ether ETFs, making up about a quarter of the total $3.32 billion in net inflows since they launched in July 2024. On June 6 alone, these spot Ether ETFs brought in $25.3 million. If inflows continue through next week, the total could hit $1 billion.
During the same period, spot Bitcoin ETFs saw their consistent inflow streak end on May 29 with outflows of $346.8 million, according to the report. Since then, Bitcoin ETF inflows have been uncertain, showing both gains and losses on different days.
At the same time, the price of Ether has surged by 31.23% over the last 30 days and is trading at $2,490, according to Ethereum/”>CoinMarketCap. Technical analyst Crypto Eagles noted on June 3 that Ether appears to be following a price pattern similar to a previous market cycle, suggesting the possibility of a new all-time high. Ether’s current all-time high, as cited by CoinGecko, was $4,878 in November 2021.
Some experts suggest that the inclusion of staking—earning rewards by helping secure the network—within Ether ETFs may boost their long-term appeal. On May 31, Cointelegraph reported that the first Ethereum and Solana staking ETFs could launch in the United States soon, following a filing from ETF provider REX Shares. ETF analyst James Seyffart commented that the company used “regulatory workarounds to get these products to market,” with no set launch date yet.
A recent analysis described in Cointelegraph Magazine points out that older investors are increasingly turning to cryptocurrencies such as Bitcoin.
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