Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

Key Points

1. Ethereum ETFs recorded a 17-day consecutive inflow streak, with $453 million on Friday alone, pushing total assets to $9.33 billion in cumulative inflows.

2. Bitwise CIO Matt Hougan projects ETH ETF demand could reach $20 billion within the next year, potentially outpacing supply by nearly sevenfold.

3. Ethereum's 3-day chart shows a diamond pattern, with analyst projections targeting a breakout toward $4,000.

4. Historical data indicates August typically delivers strong returns for Ethereum, averaging 64.2% during post-halving years, suggesting a potential rally to $6,000.

5. CME futures open interest for Ethereum has reached a record $7.85 billion, indicating strong institutional positioning.