Ethereum Buying Pressure Surges Amid New Treasury Wave and ETF Inflows

Key Points

1. Framework Ventures co-founder Vance Spencer predicts $50 billion to $100 billion of inflows for Ethereum over the next 12-18 months, adding significant buy pressure.

2. Spot Ethereum ETFs in the U.S. have seen a 12-day inflow streak, with over $2.2 billion in the past five trading days and a total inflow of $7.7 billion.

3. New Ethereum treasury companies are emerging, including a Nasdaq-backed entity acquiring 400,000 ETH worth $1.5 billion, the largest public Ethereum treasury company.

4. Ether prices hit a seven-month high of $3,850, with a 25% gain over the past week, and analysts suggest a potential rally similar to the 1,800% increase seen in 2020.

5. BlackRock's significant buying activity and the upcoming Ethereum staking ETF are contributing to bullish market sentiment.