Ethereum$ETH just pulled in $907.9M through spot ETFs in one week — its biggest inflow surge ever. 🚀
On July 10 alone, $383M worth of ETH was scooped up. Meanwhile, Bitcoin ETFs raked in $2.21B in just 48 hours. Bulls everywhere, right? 🐂
So… why’s ETH still chilling below $3K? 😐
Even with that buying pressure, $ETH dipped 0.37% to $2,961. Price pump = delayed?
👀 According to Anthony Sassano, ETFs bought 138K ETH in one day — the network only issues ~2,200 new ETH daily. That’s a massive supply crunch brewing.
RSI for both $ETH and $BTC still points above 50, hinting momentum is alive. So this flat price? Could just be the calm before a face-melting rally. ⚡
📊 Analysts are still calling for $4K ETH and $119K BTC. If these ETF flows keep pumping, the charts might just explode soon.
Agree? Or think it's hopium? Drop your hot take below! 👇