Ethereum ETFs could be on course to see $15 billion net flows when they launch

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Ethereum (ETH) is up more than 3% on Tuesday following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that allows its ETF to begin trading immediately if the Securities & Exchange Commission (SEC) approves it.

Ethereum ETFs could attract up to $15 billion in net flows by 2025, says Bitwise CIO. Low outflows in Ethereum Foundation wallets suggest bull cycle is yet to reach its peak. Ethereum traders are gradually turning bullish again following slight increase in ETH Taker Buyer Ratio.

However, the Foundation's wallets have yet to see significant outflows in the current cycle. This may indicate that the current cycle has yet to reach its peak or that the Ethereum Foundation has changed its approach. Ethereum Foundation USD Netflows ETH technical analysis: Ethereum traders may be turning bullish again Ethereum is trading around 3,391 on Tuesday following a slight recovery across the crypto market. ETH liquidations are at $20.

 

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