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Ethereum Price Forecast: Institutional buying improves, but native crypto interest weakens
Ethereum (ETH) is seeing a return of institutional interest after US spot ETH exchange-traded funds (ETFs) posted $97.5 million in net inflows on Tuesday. The products have now recorded three consecutive days of positive flows worth roughly $260 million, offsetting outflows from the first four days of last week. The move follows a strong performance in April, when ETH ETFs posted 10 consecutive days of net inflows, ending the month with a total net inflow of $355 million. A similar trend is visible in corporate activity, where Ethereum treasury firm BitMine Immersion Technologies (BMNR) continues to stack ETH. The ... (full story)
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