Ethereum could be second most successful ETF category in history after Gemini's $5 billion inflow prediction

Ethereum ETFs set for $5 billion in net inflows, says Gemini. Ethereum Foundation shed its holdings again, bringing its total sales since January to 2,266 ETH. Ethereum may decline to $3,378 to target a $3.75 million liquidation pool. Ethereum is down more than 1.4% on Tuesday following another ETH sale from the Ethereum Foundation. Meanwhile, crypto exchange Gemini's recent report reveals that ETH ETF could see about $5 billion in net inflows within six months of launch.

On the other hand, short liquidations have slowed down, accounting for only 33% of ETH's total liquidation in the past 24 hours. ETH may target the $3.75 million liquidation pool at around $3,378 before rebounding. This aligns with ETH's 4-hour chart, which shows that $3,739 is a key support level. IntoTheBlock's data also shows that 3.71 million addresses acquired about 3.33 million ETH around this price.

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