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December 18, 2024

Ethereum (ETH) Aims for $4,000 as ETF Inflows Surge to Record High

Ethereum experiences a strong momentum, testing the $4,000 mark as ETF products witness record-breaking inflows. The latest data reveals Ethereum ETFs achieved a remarkable 16-day streak of positive inflows, totaling $2.32 billion. Institutional investment vehicles now possess approximately 2.93% of Ethereum’s circulating supply. The outlook for ETH appears promising, with many investors showing excitement about the potential growth. Positive market sentiment accompanies these developments, igniting further interest in Ethereum as it approaches crucial price thresholds. Can ETH maintain this momentum and push past $4,000? Stakeholders eagerly await market reactions as trading continues.

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