Ethereum Price Prediction: $5.4 Billion in ETF Inflows – Big Institutions Are Buying ETH Fast
Main Idea
Ethereum ETFs have seen significant inflows, with $5.4 billion in July alone, indicating strong institutional demand, despite recent market volatility.
Key Points
1. Ethereum ETFs attracted $5.38 billion in net inflows since July 3, surpassing previous months combined.
2. ETH's price dropped 6% in 24 hours due to global market reactions to new tariffs, but remains up 48% over the last 30 days.
3. Technical indicators suggest a potential pullback, with the RSI cooling to 45.64, but long-term bullish trends remain intact.
4. Bitcoin Hyper, a layer-two network for Bitcoin, has raised $6.3 million in its ICO, aiming to enhance Bitcoin's utility with DeFi apps and DEXes.
5. Ethereum's medium-term outlook remains positive, with potential targets of $4,000–$4,200 by August and $5,000 by year-end.
Description
The Ethereum price has plunged 6% in the past 24 hours, dropping to $3,625 after President Donald Trump announced sweeping new tariffs , including a 35% duty on Canadian imports. The move rattled global markets and disrupted recent crypto momentum. ETH is now down 1% over the past week but remains up 48% in the last 30 days and 14.5% over the past year. While the tariff news has paused Ethereum’s rally, its medium-term outlook remains strong. Institutional demand continues to rise, with Ethereum...
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