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15 Days of Capital Influx into Ethereum — Next Target: Surpassing $1 Billion
Ethereum ETFs continue to surprise investors: yesterday, $25.3 million was added, and this positive trend has continued for the fifteenth consecutive day.
(Meanwhile, Bitcoin has entered a capital outflow phase since May 29.)
Since May 16, the total inflow into Ethereum ETFs has reached $837.5 million — approximately 25% of the total $3.32 billion ETF inflows since their launch in July of last year.
If this trend continues over the next week, capital inflows will surpass the $1 billion mark.
At the time of writing, Ethereum’s price is approximately $2,490, with a 37% increase in the past 30 days.
Cointelegraph analysts predict that the “Golden Fractal” pattern may repeat — with a potential target of $6,000.
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