Analysis: Ethereum spot ETF's net inflow of funds reached a new high in December, potentially laying the foundation for a rebound in 2025
According to Cointelegraph, the US Ethereum spot ETF saw a record net inflow of over $2.1 billion in December, almost double the funds that flowed in November. The growth of ETF fund inflows is an optimistic signal for Ethereum's price trend and further supports asset management giant VanEck's prediction that Ethereum will reach a cyclical peak of $6,000 by 2025.
Based on technical chart patterns, crypto analyst TMV stated that Ethereum has entered an accumulation wave which could help ETH price break through $4,400 in the first quarter of 2025. However, if it retraces below $2,914 then this theory would be invalidated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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