Crypto

Ethereum ETF Inflows Spark Breakout After Nine-Year Drought

Guavy AI Editorial Team Published August 6, 2026

Instruments

BTC ETH

Ethereum's ETF inflows reached $60.86 million on August 5, led by BlackRock's ETHA fund, which saw a net inflow of $50.34 million.

This influx of money has triggered a breakout in the ETH/BTC chart after about nine years, according to analysts.

The ETH/BTC chart is testing a level that has not been broken since 2013, and if it holds, traders believe Ethereum's price could move towards $2,300 before reaching $3,000.

The Wire

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