Ethereum (ETH) is showing a bullish bias.
ETH ETF is reflecting early signs of alignment with an upward trend.
ETH ETF products nearly recorded a 3-day streak of consistent net inflows.
Ethereum (ETH) is showing a bullish bias, with the ETH ETF reflecting early signs of an upward trend. Reports indicate the Ethereum ETF nearly recorded a three-day inflow streak recently for the first time. Crypto analysts see this as a positive sign and a potential turnaround in ETH ETF’s fortunes.
The $ETH ETF was so close to getting it's first 3-day streak.
Just $100k in net outflows.
Still, there is movement!!
This bares HOPE! pic.twitter.com/XWVe4Qmpml
— Altcoin Buzz (@Altcoinbuzzio) September 27, 2024
According to the Altcoin Buzz crypto analysis platform, Ethereum ETFs recorded $100,000 in net outflows on September 26, narrowly missing a three-day streak of consecutive net inflows. Data shared by the platform shows only Grayscale recorded outflows on that day, while the overall inflow from other ETF products nearly offset Grayscale’s negative inflow for three days running.
Data from the ETF aggregation platform Soso Value shows that Fidelity and BlackRock led th…
The post Ethereum ETF Shows Bullish Signs, Inflows Near 3-Day Streak appeared first on Coin Edition.