Ether ETFs Experience Continued Inflows Amid Market Volatility

According to Cointelegraph, U.S.-based spot Ether exchange-traded funds (ETFs) have marked their third consecutive week of inflows, with the potential to surpass $1 billion if the trend continues. On June 6, spot Ether ETFs recorded $25.3 million in inflows, extending the streak to 15 consecutive days, as reported by Farside data. Since May 16, the inflow streak has accumulated $837.5 million, representing approximately 25% of the total $3.32 billion in net inflows since the launch of spot Ether ETFs in July 2024. Should this pattern persist into the following week, an additional $162.5 million could elevate the streak's total to $1 billion. In contrast, spot Bitcoin ETFs experienced a break in their inflow streak on May 29, with $346.8 million in outflows, leading to volatile flows characterized by alternating inflow and outflow days. Meanwhile, the spot price of Ether has risen by 31.23% over the past 30 days, currently trading at $2,490, according to CoinMarketCap data. Cointelegraph has also highlighted a multi-year gold fractal suggesting a potential Ether price rally towards $6,000 in the coming months. Technical analyst Crypto Eagles noted on June 3 that Ether appears to be repeating patterns from the 2024–2025 cycle, potentially paving the way for a new all-time high. Ether's current all-time high of $4,878 was achieved in November 2021, as per CoinGecko data. Some industry experts argue that incorporating staking into spot Ether ETFs could enhance long-term performance. On May 31, Cointelegraph reported that the first Ethereum and Solana staking ETFs might debut in the United States within weeks, following a recent filing by ETF provider REX Shares. ETF analyst James Seyffart mentioned that, although the launch date remains uncertain, the firm has employed "regulatory workarounds" to bring these products to market.