{"id":791277,"date":"2024-08-15T08:38:35","date_gmt":"2024-08-15T06:38:35","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/ethereum-etfs-attract-inflows-as-key-trendline-holds-46m-eth-moved-by-jump-trading\/"},"modified":"2024-08-15T08:45:40","modified_gmt":"2024-08-15T06:45:40","slug":"ethereum-etfs-attract-inflows-as-key-trendline-holds-46m-eth-moved-by-jump-trading","status":"publish","type":"post","link":"https:\/\/crypto-news-flash.com\/es\/ethereum-etfs-attract-inflows-as-key-trendline-holds-46m-eth-moved-by-jump-trading\/","title":{"rendered":"Ethereum ETFs attract inflows as key trend line holds, $46M ETH moved by Jump Trading"},"content":{"rendered":"<ul>\n<li><strong>Ethereum ETFs are attracting significant inflows but face resistance near $2,799.<\/strong><\/li>\n<li><strong>ETH could consolidate around $2,000-2,100 before a possible move higher.<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>In a turn of events, Ethereum ETFs have seen massive inflows amid Bitcoin outflows, as detailed in a <a href=\"https:\/\/www.crypto-news-flash.com\/es\/las-instituciones-cambian-de-orientacion-los-etf-de-ethereum-registran-entradas-masivas-en-medio-de-las-salidas-de-bitcoin\/\">previous<\/a> CNF <a href=\"https:\/\/www.crypto-news-flash.com\/es\/las-instituciones-cambian-de-orientacion-los-etf-de-ethereum-registran-entradas-masivas-en-medio-de-las-salidas-de-bitcoin\/\">post<\/a>. Ethereum (ETH) was down 1.7% on Wednesday, despite positive signs from Consumer Price Index (CPI) inflation data and increased ETF inflows.<\/p>\n<p>U.S. CPI fell to 2.9% year-over-year, below expectations, increasing the likelihood of a Fed rate cut. This environment could favor risk assets such as cryptocurrencies, potentially benefiting ETH. ETH is currently trading at $2,625.23, having declined <span style=\"color: #ff0000;\"><strong>4.14%<\/strong> in <\/span>the last day, but up <span style=\"color: #008000;\"><strong>7.81%<\/strong><\/span> in the last week.<\/p>\n<p><span data-sheets-root=\"1\"><div class=\"cryptoboxes\" id=\"mcw-418525\" data-realtime=\"on\"><div class=\"mcw-chart mcw-chart-light\" data-font = \"inherit\" data-coin = \"ethereum\" data-symbol = \"ETH\" data-currency = \"USD\" data-rate = \"1\" data-type = \"chart\" data-view = \"day\" data-theme = \"light\" data-smooth = \"true\" data-areacolor = \"\" data-bgcolor = \"\"><\/div><\/div><\/span><\/p>\n<p>In addition, according to a recent CNF <a href=\"https:\/\/www.crypto-news-flash.com\/es\/los-activos-de-los-etf-de-ethereum-podrian-llegar-a-10000-millones-de-dolares-revela-sygnum-bank\/\">update<\/a>, a financial analyst predicted that Ethereum ETFs are on track to accumulate a staggering $10 billion in assets under management (AUM) by the end of the year.<\/p>\n<p>Ethereum ETFs saw <a href=\"https:\/\/www.crypto-news-flash.com\/ethereum-etfs-flip-to-positive-net-inflows-for-the-first-time-since-launch\/\">notable inflows<\/a> recently, with $24.3 million on Tuesday, including $49.1 million in BlackRock ETHA.<\/p>\n<p>However, technical analysis reveals that ETH struggles around a key trendline and faces rejection near the $2,799 resistance level. Historical patterns suggest that ETH could consolidate before a possible rally, possibly revisiting the $2,000 to $2,100 range before making a significant move higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum ETFs are attracting significant inflows but face resistance near $2,799. ETH could consolidate around $2,000-2,100 before a possible move higher. In a turn of events, Ethereum ETFs have seen massive inflows amid Bitcoin outflows, as detailed in a previous CNF post. Ethereum (ETH) was down 1.7% on Wednesday, despite positive signs from Consumer Price<\/p>\n","protected":false},"author":7,"featured_media":791209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-791277","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts\/791277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/comments?post=791277"}],"version-history":[{"count":0,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts\/791277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/media\/791209"}],"wp:attachment":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/media?parent=791277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/categories?post=791277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/tags?post=791277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}