The Crypto Desk

Ethereum Price Forecast: 17 Days of ETF Inflows – Is a Major Supply Shock Ahead?

Ethereum Price Forecast: 17 Days of ETF Inflows – Is a Major Supply Shock Ahead?

In an exhilarating turn of events, Ethereum spot ETFs have set a remarkable record, achieving a consecutive inflow streak of 17 days, culminating in a stunning $453 million influx just on Friday. This surge has propelled the total assets in Ethereum ETFs to an impressive $20.66 billion, spotlighting the growing institutional interest in the cryptocurrency. At the forefront of this movement is BlackRock’s ETHA, which led the pack with a jaw-dropping $440 million in daily inflows, ranking as the second-highest flowing U.S. ETF this week.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

This sustained enthusiasm from institutional investors has amassed a staggering $9.33 billion in cumulative inflows, with weekly net inflows hitting $1.8 billion. In stark contrast, Bitcoin ETFs have managed only a meager $71 million during the same period. According to Bitwise Chief Investment Officer Matt Hougan, the demand for Ethereum ETFs could surge to $20 billion within the next year. This amount corresponds to roughly 5.33 million ETH at current valuations, while Ethereum itself is projected to issue only around 0.8 million ETH during that timeframe. Such dynamics suggest demand could overwhelm supply by nearly seven times.

As we observe this dramatic shift, technical analysis of Ethereum’s price movements indicates that it is nearing a critical juncture. The crypto’s recent performance is forming a diamond pattern, with the threshold for significant upward movement pinpointed around the $2,832 mark. Historically, diamond patterns have been seen as powerful reversal indicators, characterized by periods of increasing and then decreasing volatility. Ethereum has demonstrated this pattern through successive highs around $4,000 and lows hovering near $1,400. The strength of the ascending trendline suggests robust support, further hinting at potential bullish momentum.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

What makes this situation even more intriguing is the historical strength of Ethereum during the month of August, particularly in post-halving years. An analysis of past performance reveals that Ethereum has averaged remarkable gains of 64.2%, with notable returns of 35.62% in 2021, 25.32% in 2020, and an astonishing 92.86% in 2017. Currently, Ethereum has started July with an impressive gain of 50.79%, signaling that he momentum could be building for the traditional August rally. If these historical trends hold true, the average August return could propel Ethereum’s price toward a formidable target range of $6,000.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

Adding to the bullish narrative, the recent spike in CME futures open interest for Ethereum has reached an all-time high of $7.85 billion. Institutional players are making substantial positions, reaffirming the notion that sophisticated traders are gearing up for continued momentum during these historically strong performance periods. Furthermore, with ETF inflows creating a tightening supply situation, the potential for a price surge becomes increasingly plausible.

In this vibrant landscape of opportunities, another noteworthy prospect is emerging: Best Wallet’s $BEST token presale has generated over $14.2 million, with the deadline fast approaching on December 31, 2025. As Ethereum faces the possibility of supply shocks due to persistent ETF inflows and movement toward $4,000-$6,000 price targets, the $BEST token offers potential benefits for those involved in the Ethereum ecosystem. Investors stand to gain exclusive access to presale launchpads, reduced trading fees, and staking rewards, making this an attractive proposition for those looking to capitalize on Ethereum’s impending market dynamics.

As we move deeper into the summer months, Ethereum’s potential surge could present significant investment opportunities. With the projected upside of 43-114% in August, driven by strong historical performance and institutional buying pressure, the closing window for Best Wallet’s token presale is one investors should not overlook. For those ready to engage with this exciting chance, be sure to visit the presale website and secure your position. The countdown has begun!

Visited 1 times, 1 visit(s) today