#NasdaqETFUpdate
🚀 Ethereum Eyes $4,000: Institutions Shift Gears from Bitcoin! 🔁📈
Ethereum () is gaining serious traction as institutions begin to diversify away from Bitcoin — and analysts say a $4,000 target is well within reach! 📊💥
🧠 Institutional Moves Fuel Ethereum’s Momentum
According to analysts at B2BINPAY, Ethereum’s bullish momentum is building as key indicators show a strategic rotation of capital:
✅ All-time high staking: 34.65 million ETH staked — that’s 28.7% of total supply, per Beaconcha.in.
✅ ETH price jumped 8% on the same day!
✅ Ethereum ETFs saw 15 straight days of net inflows, totaling $837 million. 💸
🏦 From Bitcoin to Ethereum: The Big Rotation?
📉 On June 3, BlackRock sold $130.4M in Bitcoin
📈 Meanwhile, over $100M in Ethereum was bought this week alone!
This clear shift suggests institutions are rotating capital into Ethereum, not just for price growth — but also for staking rewards, giving ETH a big edge over Bitcoin. 🪙➡️💰
📊 Price Outlook: Bullish Path Ahead?
If ETH maintains strength above $2,320, a dip below $2,000 seems unlikely. Instead, breaking the $2,793 resistance could push ETH toward:
💥 $3,500 – $4,000 range — and it’s not just a dream, it’s probable, say analysts!
💡 Why ETH Attracts Institutions
Ethereum offers passive income through staking, unlike Bitcoin, which relies purely on price gains. This yield advantage is making ETH more appealing for long-term, institutional players. 📥💼
Thanks for reading! 🙏
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