According to BlockBeats, on November 28, according to Cointelegraph, Vetle Lunde, head of research at K33 Research, said that Volatility Shares Ethereum leveraged ETF holdings have increased by 160% since Trump won the election on November 5. VolatilityShares currently holds more than half (50.1%) of CME Ethereum open contracts.
Although Ethereum’s price performance has underperformed Bitcoin, market participants expect that to change after the current ETH price downturn. Based on an emerging technical chart pattern, some analysts predict that Ethereum could reach $20,000 at the high point of its bull cycle in 2025.
Ryan Lee, chief analyst at Bitget Research, said ETF inflows and spot buying indicate that Ethereum will gain greater upward momentum in the coming weeks.
