{"id":127376,"date":"2024-11-18T20:17:03","date_gmt":"2024-11-18T13:17:03","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=127376"},"modified":"2024-11-18T20:17:03","modified_gmt":"2024-11-18T13:17:03","slug":"ethereum-etfs-hit-515m-record-inflow-but-eths-troubles-remain","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=127376","title":{"rendered":"\u00a0Ethereum ETFs hit $515M record inflow, but ETH&#8217;s troubles remain"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li><em>Ethereum ETFs saw a $515 million weekly record inflow.<\/em><\/li>\n<li><em>Meanwhile, ETH has declined over the past week, by 1.85%.<\/em><\/li>\n<\/ul>\n<p>Since the approval of <a href=\"https:\/\/ambcrypto.com\/category\/ethereum-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum [ETH]<\/a> ETFs in July, the market has struggled to record a sustained inflow. However, over the past two weeks, <a href=\"https:\/\/www.coinglass.com\/eth-etf\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Ethereum ETFs<\/a> have seen increased interest.<\/p>\n<p>A major reason behind this was the continued influx of institutional investors in anticipation of a bull run.<\/p>\n<h2>Spot Ethereum ETFs see inflows<\/h2>\n<p>According to AMBCrypto\u2019s analysis of <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Sosovalue<\/a>, Ethereum ETFs have seen a massive inflow between the 9th to the 15th of November. During this period, ETH ETFs saw a record $515.17 million inflow.<\/p>\n<div id=\"attachment_443687\" style=\"width: 1295px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-443687\" class=\"wp-image-443687 size-full\" alt=\"\" width=\"1285\" height=\"424\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs.jpeg 1285w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-300x99.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-1024x338.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-768x253.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-1200x396.jpeg 1200w\" data-lazy-sizes=\"(max-width: 1285px) 100vw, 1285px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs.jpeg\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-443687\" class=\"wp-image-443687 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs.jpeg\" alt=\"\" width=\"1285\" height=\"424\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs.jpeg 1285w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-300x99.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-1024x338.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-768x253.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/eth-etfs-1200x396.jpeg 1200w\" sizes=\"auto, (max-width: 1285px) 100vw, 1285px\"\/><\/a><\/p>\n<p id=\"caption-attachment-443687\" class=\"wp-caption-text\">Source: Sosovalue<\/p>\n<\/div>\n<p>This level arises for the time following a sustained positive inflow over three weeks. While the weekly inflow was a notable record, the 11th of November saw the largest daily inflow, hitting a high of $295.4 million.<\/p>\n<p>Amidst this, Blackrock\u2019s ETHA witnessed the highest total inflow of $287 million, increasing its total to $1.7 billion.<\/p>\n<p>At second place was Fidelity\u2019s FETH, which saw its market grow to $755.9 million with a $197 million inflow over this period.<\/p>\n<p>Meanwhile, Grayscale\u2019s ETH\u2019s inflow touched $78 million, while Bitwise\u2019s number stood at $54 million.<\/p>\n<p>These were the top gainers over this period, while others such as ETHV, and 21 Shares saw moderate inflows. With these increased inflows, Ethereum\u2019s ETFs sat at $9.15 billion.<\/p>\n<h2>Implication on ETH price chart<\/h2>\n<p>While such inflow is expected to have positive impacts on ETH\u2019s price chart, on this occasion, they didn\u2019t. During this period, ETH declined from a high of $3446 to a low of $3012.<\/p>\n<p>Even on the 11th of November, when the inflow was the largest on daily charts, ETH declined.<\/p>\n<p>This trend has persisted even at the time of this writing. In fact, at press time, Ethereum was trading at $3122, marking moderate declines on daily and weekly charts, dropping by 1.22% and 1.85% respectively.<\/p>\n<div id=\"attachment_443689\" style=\"width: 1447px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-443689\" class=\"wp-image-443689 size-full\" alt=\"\" width=\"1437\" height=\"777\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi.jpeg 1437w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-300x162.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-1024x554.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-768x415.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-1200x649.jpeg 1200w\" data-lazy-sizes=\"(max-width: 1437px) 100vw, 1437px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi.jpeg\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-443689\" class=\"wp-image-443689 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi.jpeg\" alt=\"\" width=\"1437\" height=\"777\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi.jpeg 1437w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-300x162.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-1024x554.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-768x415.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ethrvgi-1200x649.jpeg 1200w\" sizes=\"auto, (max-width: 1437px) 100vw, 1437px\"\/><\/a><\/p>\n<p id=\"caption-attachment-443689\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p>These market conditions suggested that ETH was struggling with bearish sentiment in a bull market.<\/p>\n<p>Such market behavior was evidenced by the fact that ETH\u2019s RVGI line made a bearish crossover to drop below its signal line. This suggests the upward momentum is weakening, signaling a potential trend reversal.<\/p>\n<div id=\"attachment_443690\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges.png\" data-wpel-link=\"internal\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-443690\" class=\"wp-image-443690 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges.png\" alt=\"\" width=\"2560\" height=\"1440\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Ethereum-Exchange-Netflow-Total-All-Exchanges-1200x675.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\"\/><\/a><\/p>\n<p id=\"caption-attachment-443690\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<\/div>\n<p>Additionally, Ethereum\u2019s netflow has remained positive over the past four days, implying that there was more inflow into exchanges than outflow. Episodes like these suggest that investors lacked confidence.<\/p>\n<p>Although Ethereum ETFs have experienced record-breaking inflow, it has yet to have positive impacts on ETH price charts. On the contrary, the altcoin has declined during this period.<\/p>\n<hr\/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum\u2019s [ETH] Price Prediction<\/a> 2024\u20132025<\/p>\n<hr\/>\n<p>Prevailing market conditions suggested a potential pullback. If it happens, ETH will find support around $3000.<\/p>\n<p>However, since the crypto market is still in an uptrend if bulls regain control, ETH will reclaim the $3200 resistance in the short term.<\/p>\n<div class=\"post-nav\">\n<div class=\"previous-blog\">\n\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/bitcoin-dominance-drops-to-60-doge-xrp-to-lead-the-altcoin-rally\/\" rel=\"next\" data-wpel-link=\"internal\">Bitcoin Dominance drops to 60%: DOGE, XRP to lead the altcoin rally?<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/economic-freedom-or-flawed-plan-d-o-g-e-debate-escalates-among-experts\/\" rel=\"prev\" data-wpel-link=\"internal\">\u2018Economic freedom\u2019 or flawed plan? D.O.G.E debate escalates among experts<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/ethereum-etfs-hit-515m-record-inflow-but-eths-troubles-remain\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum ETFs saw a $515 million weekly record inflow. Meanwhile, ETH has declined over the past week, by 1.85%. Since the approval of Ethereum [ETH] ETFs in July, the market &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=127376\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-127376","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/127376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127376"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/127376\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}