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Ethereum's price projection could drop to $7,300 by 2030, reflecting changing fundamentals, while institutional demand has surged, with BlackRock's Ethereum ETF attracting $1.5 billion in just 16 days. Despite recent inflows, concerns linger over the impact of layer-2 networks on Ethereum's market value.
U.S. spot bitcoin and ethereum ETFs continued their strong inflow momentum, attracting $597.57 million and $273.67 million, respectively. Blackrock's IBTC led bitcoin inflows with $431.60 million, while Blackrock's ETHA topped ethereum inflows at $202.31 million. Total net inflows for bitcoin ETFs reached $35.17 billion, while ethereum ETFs accumulated $2.24 billion, managing $13.63 billion in assets.
US Bitcoin and Ethereum ETFs are experiencing unprecedented inflows, with Bitcoin products recording an 11-day streak and attracting $4.89 billion since November 26. BlackRock's iShares Bitcoin Trust led the charge, acquiring 4,295 BTC worth $431.6 million.Ethereum ETFs have outpaced Bitcoin with a 14-day inflow streak, totaling $2.22 billion. BlackRock also dominates this space, pulling in $202 million yesterday, while Grayscale's Ethereum Trust faced outflows. Currently, Bitcoin trades at $100,067 and Ethereum at $3,887.
BlackRock and Fidelity have significantly boosted their Ethereum ETF holdings, with inflows surpassing $1.29 billion since November 21, driven by renewed market interest post-U.S. elections. BlackRock now holds over 820,000 ETH, while Fidelity has increased its holdings to more than 114,000 ETH. Despite ongoing technical issues within the Ethereum network, the asset's low inflation rate and reduced selling activity from Grayscale contribute to a more optimistic outlook.
BlackRock's iShares Ethereum ETF (ETHA) has seen remarkable inflows of $1.3 billion in just ten days, totaling $3.19 billion since launch, amid a broader trend where Ethereum ETFs attracted $2.24 billion since July. Ethereum's price, currently at $3,900, must break key resistance levels to sustain upward momentum, with analysts predicting potential rallies to $10,000 or even $15,000 in the near term.
Spot bitcoin ETFs saw over $4 billion in inflows from December 2 to December 12, driven by strong demand as Bitcoin surpassed $100,000 on December 5. Major contributors included BlackRock and Fidelity, with consistent inflows exceeding $100 million and no outflows reported. The total inflow reached $4.4 billion during this period, reflecting robust market interest.
A report by Sygnum predicts that institutional demand could drive Bitcoin prices to new heights in 2025, fueled by significant capital inflows and a favorable regulatory environment following the upcoming US presidential election. The analysis highlights a potential 'multiplier effect' from Bitcoin ETFs, with every $1 billion in inflows possibly increasing prices by 3-6%. However, risks such as inflation and geopolitical uncertainties could impact this bullish outlook.
Bitcoin's market capitalization has reached $2.03 trillion, bolstered by the approval of spot ETFs in the US, which has attracted institutional investors. While its value surged 125% in 2024, volatility remains a concern, with potential corrections expected. The incoming Trump administration may introduce favorable regulations, further integrating bitcoin into mainstream finance, but geopolitical tensions and economic uncertainties could impact investor sentiment.
Ethereum has seen a significant boost as BlackRock and Fidelity's ETFs purchased $500 million worth of ETH in just two days, driving its price to $3,830 with a trading volume of $39.3 billion. This surge reflects growing institutional interest and positions Ethereum as a key asset in the evolving digital economy. The influx of capital not only enhances liquidity but also reduces market volatility, reinforcing Ethereum's appeal among both retail and institutional investors.
Ethereum (ETH) is experiencing significant momentum, with daily transactions and dApp usage reaching record highs, driving deflationary supply dynamics. Institutional investments in ETH ETFs have surpassed $2 billion, reflecting growing confidence, while analysts predict a potential price surge above $5,000. In the past 24 hours, ETH has gained 4.69%, outpacing Bitcoin's 1.40% rise, amid increased trading volumes and optimism in the crypto market.
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