$ETH #ETFs See $639M Inflows as Streak Hits 8 Days
$ETH exchange-traded funds recorded $639.6 million in net inflows on Thursday, marking their eighth consecutive day of positive flows. BlackRock's ETHA dominated with $519.7 million, while Grayscale and Fidelity products also saw significant interest.
The momentum follows Monday's record $1.02 billion inflow, bringing the eight-day total to $3.71 billion. This surge coincides with #Ethereum trading near all-time highs despite a 2.6% daily decline to $4,612.
Standard Chartered analysts responded by nearly doubling their year-end price target to $7,500, up from their previous $4,000 forecast. Meanwhile,
$BTC ETFs added $230.9 million in Thursday inflows.
The sustained institutional demand reflects growing confidence in #Ethereum's long-term prospects as the network continues its #staking evolution and ecosystem expansion.
