Ether ETFs see 15-day inflow streak, adding $837.5M since July 2024 launch.
Ether price up 31.23% in 30 days, trading at $2,490 per CoinMarketCap.
Staking ETFs for Ethereum, Solana may launch pending U.S. regulatory approval.
Spot Ether exchange-traded funds in the United States have maintained a consistent upward trend, recording 15 straight trading days of inflows. The current three-week streak has generated $837.5 million in net inflows, accounting for nearly 25% of the total $3.32 billion invested since these ETFs launched in July 2024.
According to Farside data, June 6 added another $25.3 million, extending the streak and potentially setting up a run that could exceed $1 billion if it continues next week.
Ether’s Market Performance Strengthens Investor Interest
This sharp rise in inflows highlights growing investor interest in Ether-backed products. Since May 16, the capital influx has remained steady, reflecting market confidence. The positive momentum is in stark contrast to the recent fluctuations seen in Bitcoin ETFs, which broke their own inflow streak on May 29 after recording $346.8 million in outflows.
Ether, on the other hand, continues to draw capital, gaining from a more stable flow environment.
The sustained ETF inflows align with a notable increase in Ether’s market performance. Over the past 30 days, Ether has climbed by 31.23%, trading at $2,490 at the time of publication, according to CoinMarketCap data. This price movement mirrors the asset’s growing demand, bolstered by technical analysis that indicates a potential continuation of its upward cycle.
Technical Signals and Historical Patterns Point to Potential Ether Rally
Technical analyst Crypto Eagles has observed patterns in Ether’s price behavior that resemble past growth cycles. A report published on June 3 suggested the ongoing 2024 to 2025 period could set the foundation for a new all-time high. Ether’s record price remains $4,878, set in November 2021 according to CoinGecko data. Continued ETF interest and supportive market data could drive the asset closer to that milestone.
Moreover, a multi-year gold fractal pattern recently highlighted by industry analysts suggests the conditions are favorable for further gains. This pattern is viewed by some as a strong technical indicator of future upward movement. The anticipation around ETF products and the broader crypto environment continues to shape investor sentiment.
Potential for Expanded ETF Offerings and Staking Integration
Discussions within the industry have also turned to the potential integration of staking features into spot Ether ETFs. Market participants argue that including staking could offer investors a more comprehensive product and increase long-term appeal. On May 31, filings from ETF provider REX Shares indicated that Ethereum and Solana staking ETFs might soon launch in the U.S., pending regulatory developments.
ETF analyst James Seyffart noted that although no official date has been announced, the provider appears to be navigating regulatory channels effectively. These developments suggest the ETF landscape for Ether could soon expand, offering new vehicles for capital inflow and potentially increasing the appeal of Ether in institutional portfolios.
The 15-day streak of spot Ether ETF inflows reflects growing institutional interest and strengthens Ether’s market outlook. With potential new products on the horizon and price momentum building, the coming weeks could be pivotal for both investor sentiment and Ether’s position within the cryptocurrency sector.
