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Analysis: Ethereum spot ETF net inflows hit a record high in December, paving the way for a rebound in 2025

Analysis: Ethereum spot ETF net inflows hit a record high in December, paving the way for a rebound in 2025

CointimeCointime2024/12/28 13:00
By:Cointime

the net inflow of Ethereum spot ETF in the United States in December exceeded $2.1 billion, nearly twice the inflow of November. The growth of ETF fund inflows is an optimistic signal for the price trend of Ethereum, further supporting the prediction of asset management giant VanEck that Ethereum will reach the cycle peak of $6,000 by 2025. According to the technical chart pattern, crypto analyst TMV said that Ethereum has entered an accumulation wave, which may help the ETH price break through $4,400 in the first quarter of 2025, but if it falls below $2,914, the theory will be invalid. A spokesperson for Bybit said that the price of Ethereum may rise and break through $4,000 before Trump takes office as President on January 20th. 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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