The monthly record in ETF inflows was insufficient to lift Ether’s price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.
Ether exchange-traded funds (ETFs) hit a new monthly record in December despite the holiday illiquidity, bolstering analyst expectations of an incoming rally.
The United States spot Ether (ETH) exchange-traded funds (ETFs) reached a new monthly record, surpassing $2.1 billion worth of cumulative net inflows during December.
December’s $2.1 billion worth of inflows is nearly double that of November, when the ETH ETFs received just over $1 billion worth of cumulative net inflows, Farside Investors data shows.
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