$ETH Ethereum ETFs just posted their biggest single
Ethereum spot ETFs absorbed 60 million in net new capital Wednesday, the strongest single-day print since the first week of July and the third consecutive session of inflows.
Institutional custody desks confirm the tone shift. Coinbase Prime reported net deposits of 18,400 ETH across its prime brokerage clients Tuesday, the largest single-day inflow since the May options expiry.
What triggered the move
The catalyst appears to be a convergence of technical and structural factors. ETH reclaimed the 50-day moving average at 1,870 on Tuesday, triggering systematic re-entry from trend-following CTAs that had been flat since the August washout.
How desks are positioning
Options markets tell a complementary story. Friday's 2.1 billion expiry carries a 1,900 max pain strike, with open interest concentrated at the 1,950 and 2,000 calls.
What's your target for $ETH? Bullish or cautious? Drop your play below.
$ETH #ETH #ETF #CryptoNews
Ethereum spot ETFs absorbed 60 million in net new capital Wednesday, the strongest single-day print since the first week of July and the third consecutive session of inflows.
Institutional custody desks confirm the tone shift. Coinbase Prime reported net deposits of 18,400 ETH across its prime brokerage clients Tuesday, the largest single-day inflow since the May options expiry.
What triggered the move
The catalyst appears to be a convergence of technical and structural factors. ETH reclaimed the 50-day moving average at 1,870 on Tuesday, triggering systematic re-entry from trend-following CTAs that had been flat since the August washout.
How desks are positioning
Options markets tell a complementary story. Friday's 2.1 billion expiry carries a 1,900 max pain strike, with open interest concentrated at the 1,950 and 2,000 calls.
What's your target for $ETH? Bullish or cautious? Drop your play below.
$ETH #ETH #ETF #CryptoNews