As per Coincu, the BlackRock Ethereum ETF (ETHA) has experienced a 17-day streak of inflows, with the stock rising 7% on Monday to close above $21. The ETF has attracted nearly $5 billion in inflows, with $110 million added in the first two days of the week. This surge is driven by strong institutional and retail demand, marking ETHA as a leader among spot Ethereum ETFs. Last week, spot Ethereum ETFs saw a net inflow of $281 million, with ETHA contributing $249 million. The consistent inflows have lifted total Ethereum ETF inflows to $3.5 billion, representing 3.21% of Ethereum's market capitalization. Analysts forecast potential stock movement towards $25 and $30 levels, supported by strong daily volumes and technical patterns. Ethereum's network fundamentals, including over 34 million ETH staked, continue to support higher valuations, with the price approaching $2,800.
BlackRock Ethereum ETF Achieves 17-Day Inflow Streak, Stock Rises 7%
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