Ethereum ETF inflows hit 8-day streak as markets eye $5k price breakout
The post Ethereum ETF inflows hit 8-day streak as markets eye $5k price breakout appeared on BitcoinEthereumNews.com. The U.S.-based exchange-traded funds are once again on a winning streak, strengthening market confidence in Ethereum ETF inflows and the asset’s price trajectory. Summary U.S. Ethereum ETF inflows recorded $639.6 million in inflows on August 14, marking their eighth consecutive day of inflows. Total inflows over the past eight days have reached about $3.7 billion, signaling strong institutional demand. Market expectations for ETH to hit $5,000 are high, with Polymarket bettors placing the probability at 55%. Ethereum ETF inflows recorded another day of inflows on August 14, pulling a combined $639.6 million according to data from SoSoValue. BlackRock made up the majority of the inflows with approximately $520 million, followed by Grayscale and Fidelity with $61 million and $57 million each. Invesco Galaxy was the fourth issuer with inflows, adding a more modest $2.3 million, while the remaining five recorded no activity. Ethereum (ETH) ETFs have now stayed in the green for eight consecutive days, with total inflows so far reaching about $3.7 billion. The positive streak follows a previous 20-day run of similar inflows, reflecting the funds’ strong performance in recent months. It marks a clear turnaround from their sluggish early days, when they lagged far behind their Bitcoin (BTC) counterparts. The renewed momentum comes as Ether itself pushes to multi-month highs, surprising the broader market with double-digit gains after months of muted action. While the asset has dipped 1.5% in the past 24 hours to trade at $4,642 at press time, it is still up nearly 20% on the week and more than 56% from its lowest point this month. With ETFs now showing solid institutional demand, optimism for fresh price targets is growing. Ethereum ETF inflows could lead to $5,000 support Polymarket odds for Ethereum to reach $5,000 before the end of August stand at 55%. Though…
The post Ethereum ETF inflows hit 8-day streak as markets eye $5k price breakout appeared on BitcoinEthereumNews.com.
The U.S.-based exchange-traded funds are once again on a winning streak, strengthening market confidence in Ethereum ETF inflows and the asset’s price trajectory. Summary U.S. Ethereum ETF inflows recorded $639.6 million in inflows on August 14, marking their eighth consecutive day of inflows. Total inflows over the past eight days have reached about $3.7 billion, signaling strong institutional demand. Market expectations for ETH to hit $5,000 are high, with Polymarket bettors placing the probability at 55%. Ethereum ETF inflows recorded another day of inflows on August 14, pulling a combined $639.6 million according to data from SoSoValue. BlackRock made up the majority of the inflows with approximately $520 million, followed by Grayscale and Fidelity with $61 million and $57 million each. Invesco Galaxy was the fourth issuer with inflows, adding a more modest $2.3 million, while the remaining five recorded no activity. Ethereum (ETH) ETFs have now stayed in the green for eight consecutive days, with total inflows so far reaching about $3.7 billion. The positive streak follows a previous 20-day run of similar inflows, reflecting the funds’ strong performance in recent months. It marks a clear turnaround from their sluggish early days, when they lagged far behind their Bitcoin (BTC) counterparts. The renewed momentum comes as Ether itself pushes to multi-month highs, surprising the broader market with double-digit gains after months of muted action. While the asset has dipped 1.5% in the past 24 hours to trade at $4,642 at press time, it is still up nearly 20% on the week and more than 56% from its lowest point this month. With ETFs now showing solid institutional demand, optimism for fresh price targets is growing. Ethereum ETF inflows could lead to $5,000 support Polymarket odds for Ethereum to reach $5,000 before the end of August stand at 55%. Though…
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