#ETH4500Next? #ETH This past week has been a wild ride for Ethereum ETFs in the U.S. At the start of the week, crypto investment products faced back-to-back withdrawals, keeping August off to a rough start. But things turned around fastāby the end of the week, ETH ETFs were back in the green with strong inflows.
A big factor that might have helped this sudden shift? President Donald Trumpās new executive order allowing crypto investments in 401(k) retirement plans. This decision seems to have boosted investor confidence and brought fresh energy into the market.
---
š Four Days of Positive Inflows Turn the Week Around
According to market data, Friday, August 8, saw U.S. Ethereum ETFs rake in $222.34 million in net inflowsāproof that optimism is back.
BlackRockās iShares Ethereum Trust (ETHA) led the way with $254.73 million in net inflows, cementing its position as the biggest ETH ETF with $12.35 billion in assets under management.
Fidelityās FETH followed with $132.36 million, and ETH recorded $38.25 million.
Grayscale ETH Trust (ETHE) also joined the winners, adding $26.84 million.
Bitwiseās ETHW and Invescoās QETH saw smaller but positive inflows of $7.83 million and $1.22 million, respectively.
This marks four straight days of positive net inflows, a sharp rebound after the $465 million investor withdrawals on Monday, August 4. Overall, ETH ETFs closed the week with $326.83 million in net inflows.
---
š ETH Price Explosion
Alongside the ETF surge, ETH price has been unstoppableājumping back over $4,000 and now trading above $4,200, up nearly 9% in just 24 hours. Over the past week, Ethereum has soared by around 21%.
The close relationship between spot crypto ETFs and ETHās price is clear, and with Trumpās retirement plan decision opening the doors for more long-term crypto investment, the rally might just be getting started.
---
š” My Take & How Iām Profiting:
I believe we could be on the edge of another big Ethereum push. If the momentum holds, $4,500 ETH doesnāt look too far away.
Personally, Iām using Binance Square Option to ride these short-term ETH moves. The volatility has been insane, and if you know how to read these ETF inflow trends, itās a goldmine.
---
#ETH4500Next #CryptoIn401k #Ethereum
#ETH4500Next #CryptoIn401k #Ethereum #ET H #Bitcoin #CryptoNews #BinanceSquareOption