Ethereum ETFs Report Record Inflows Amid Bitcoin Surge

Bitcoin and Ethereum exchange-traded funds (ETFs) have experienced record inflows, with Bitcoin ETFs seeing $766.66 million and Ethereum ETFs recording a historic $431 million influx on December 5th, bringing total Ethereum ETF inflows to over $1 billion. Bitcoin's price surged to $99,536.96, despite a recent drop below $100,000, while Ethereum reached $4,001.81, marking a significant rally fueled by increased institutional interest. The BlackRock iShares Ethereum Trust led the inflow surge for Ethereum ETFs, and analysts predict continued growth for both cryptocurrencies. Meanwhile, new projects like Rollblock are gaining attention, with expectations of substantial returns during their presale. Overall, the cryptocurrency market is witnessing a bullish trend as investor confidence rises, particularly for Ethereum. Analysts remain optimistic about future price movements for both Bitcoin and Ethereum, with potential targets set for the end of Q4.