Ethereum ETFs experienced a significant inflow of $12.5 million yesterday, with BlackRock alone contributing $8 million to the total. This accumulation by institutional investors comes amid market volatility, as they strategically position themselves for what some anticipate as an upcoming Ethereum super cycle.
The recent activity suggests that while retail investors may be panicking, institutional players are quietly accumulating Ethereum, potentially setting the stage for a future price surge. The strategic buying by these entities indicates confidence in Ethereum's long-term prospects, with some market observers speculating on a potential target of $10,000 for ETH once market liquidity improves.
Ethereum ETFs See $12.5 Million Inflow as Institutions Accumulate
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