ETH Eyes $2K After Biggest ETF Inflow Week in Four Months
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7 Articles
According to ChainCatcher, citing The Defiant, 21Shares' monthly fund flow report released on August 10th shows that global cryptocurrency exchange-traded products (ETPs) saw a net inflow of $600 million in July, the first net inflow month since April. Ethereum-native products attracted $350 million, roughly double the $176 million in Bitcoin-native products. XRP, Solana products, and basket products saw inflows of $34 million, $13 million, and …
Ethereum Active Addresses Rocket To 989.5K, Highest Since March, As ETF Inflows And Robinhood Chain Activity Ignite Wallet Usage
Ethereumu2019s price has barely budged from $1,870, but underneath that surface calm, wallet-level activity has exploded. Onchain data from the Santiment update on August 10 showed 989,500 daily active addresses moving on Ethereum u2014 the highest single-day tally since March. The sudden spike contrasts sharply with the lack of immediate price momentum, suggesting that capital is being redeployed across the network rather than fleeing it. The c…
Ethereum hits 989.5K active addresses as ETF demand rises
Ethereum's surge in active addresses highlights its robust network utility, potentially boosting validator revenue and enhancing ETH's deflationary dynamics. The post Ethereum hits 989.5K active addresses as ETF demand rises appeared first on Crypto Briefing.
Ethereum Institutional Demand Hits 2.8x Daily Supply, Outpacing Bitcoin, Analyst Says
BitcoinWorld Ethereum institutional demand hits 2.8x daily supply, outpacing Bitcoin, analyst says Institutional demand for Ethereum (ETH) has surged to roughly 2.8 times its daily new issuance, according to Jamie Coutts, a crypto market analyst at Real Vision. The figure highlights a significant imbalance between buying pressure and newly minted supply, a dynamic that often precedes price appreciation in scarce assets. Supply versus demand: ET…
ETH Eyes $2K After Biggest ETF Inflow Week in Four Months
Ethereum gained over 4% weekly as buyers defended the $1,840 to $1,850 support zone. ETH ETFs recorded $244.94 million in weekly inflows, marking a four-month high. A break above $1,925 could push Ethereum toward $1,950 and eventually $2,000. Ethereum enters the weekend with renewed momentum and a...
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