Spot Ethereum ETF Demand On the Rise Again, Will ETH Hit $4,000 Soon?

Quick Summary:

Inflows into the spot Ethereum ETF have been once again picking up pace, especially after the Donald Trump victory and the 25 bps Fed rate cut announcement this week.

Nevertheless, this is a healthy development as the inflows could rise further with the pick-up in the altseason.

Along with ETHA, FETH has seen consistent and healthy inflows this week.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Ethereum ETF inflow BlackRock Ethereum ETF Ethereum (ETH) Altcoin News ETHA Fidelity 24/7 Cryptocurrency News Spot Ethereum ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 06:48:36 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23477737

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