The inflow of funds into Ethereum ETFs has stopped, coinciding with a price correction of ETH. Analyzing current trends and expert opinions.
ETH Price Correction
Ethereum has decreased in value after approaching the 2021 record of $4,878, currently trading around $4,450. This correction follows a month-long rally that left the price nearly 30% higher.
Flows into Ethereum ETFs
Since their launch in mid-2024, Ethereum ETFs have accumulated over $12.6 billion in net inflows. However, some analysts argue that consistent inflows are critical for Ethereum's continued growth.
Market Analysis and Predictions
Despite the current correction, some experts predict that if trends continue, Ethereum could reach $10,000. Meanwhile, nearly $3.9 billion worth of staked Ether is stuck in the withdrawal queue, which might accelerate profit-taking.
The situation with Ethereum ETFs highlights the complexities of market processes. Investors and analysts will closely monitor changes to assess the potential for further growth.
