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Ethereum Breaks Barriers, Targets $6K Amid Record ETF, TVL Activity

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Ethereum Breaks Barriers, Targets $6K Amid Record ETF, TVL Activity - NewsBTC

Quick Summary:

The net inflow of Fidelity ETF FETH was $73.7239 million, and the net inflow of BlackRock ETF ETHA was $65.2929 million.pic.twitter.com/HOPyOqmXGU — Wu Blockchain (@WuBlockchain) December 4, 2024 Institutional Confidence And Strong ETF Inflows A lot of people are interested in the Ethereum spot ETFs.

Our mid-term target remains $6,000, with a long-term outlook of $10,000! pic.twitter.com/OEvDIV0ZpD — Ali (@ali_charts) December 4, 2024 Meanwhile, CoinCodex predicts that the price of Ethereum will have gone up by 6.17 percent to $4,052.34 by January 4, 2025.

On December 3, the total net inflow of Ethereum spot ETFs was $133 million, and net inflows continued for 7 consecutive days.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 16:00:13 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 78 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 24143790

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Official Website: newsbtc.com

Update Frequency: 5 posts per day

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News Last Updated: 10 hours ago

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