The U.S. spot Ethereum exchange-traded fund (ETF) has seen continuous inflows for three consecutive trading weeks. If this trend continues next week, inflows could exceed $1 billion.
On June 6, the spot Ethereum (ETH) ETF saw an inflow of $25.3 million that day, marking the 15th consecutive afternoon of inflows, according to data from Farside.
Significant increase in Ethereum ETF inflows
Since May 16, inflows into the spot Ethereum ETF have reached $837.5 million, accounting for 25% of the total net inflow of $3.32 billion since its launch in July 2024.
If this trend continues next week, inflows will increase by an additional $162.5 million, bringing the total inflow to $1 billion.
In contrast, the trend of spot Bitcoin (BTC) ETFs was interrupted on May 29 due to an outflow of $346.8 million. Since then, fund flows have been volatile, alternating between inflows and outflows.
Meanwhile, the spot price of Ethereum has increased by 31.23% in the past 30 days, with the current trading price at $2,490 according to CoinMarketCap data.
Cointelegraph reports that multi-year gold chart patterns support the price of Ethereum rising to $6,000 in the coming months.
Technical analyst Crypto Eagles points out that Ethereum seems to be repeating history in the 2024-2025 cycle, potentially reaching new all-time highs.
Some industry commentators believe that adding staking to the spot Ethereum ETF is necessary for stronger long-term performance.
The first Ethereum and Solana staking ETF could be launched in the U.S. within weeks, according to a recent report from ETF provider REX Shares.
