{"id":556444,"date":"2024-07-24T07:48:08","date_gmt":"2024-07-24T07:48:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=556444"},"modified":"2024-07-24T07:48:08","modified_gmt":"2024-07-24T07:48:08","slug":"ethereum-price-prediction-spot-eth-etfs-debut-with-107-million-net-inflows-as-this-base-meme-coin-races-towards-3-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-spot-eth-etfs-debut-with-107-million-net-inflows-as-this-base-meme-coin-races-towards-3-million","title":{"rendered":"Ethereum Price Prediction: Spot ETH ETFs Debut With $107 Million Net Inflows As BlackRock Leads, And This Base Meme Coin Races Towards $3 Million"},"content":{"rendered":"
The Ethereum price dropped by a fraction of a percent in the last 24 hours <\/span>to trade at $3,442<\/span><\/a> as of 00:41 a.m. EST on trading volume that surged 25% to $24 billion.<\/span><\/p>\n ETH fell despite the launch of Ethereum ETF (exchange-traded fund) products in the US that posted a net inflow of $107 million on their first day of trading.<\/span><\/p>\n ETH ETFs launched by BlackRock and Bitwise led the pack with $266 million and $204 million in net inflows, respectively.<\/span><\/p>\n With the anticipation of Ether ETFs launching, the Ethereum price has surged 10% in the last two weeks, soaring through a markup phase to the $3,531 resistance, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\nEthereum Price May Surge Over The Bullish Flag<\/h2>\n