{"id":75584,"date":"2026-04-24T09:01:12","date_gmt":"2026-04-24T02:01:12","guid":{"rendered":"https:\/\/hbbgroup.net\/spot-eth-etf-inflows-hit-10-day-streak-will-ether-rally-to-3k-next\/"},"modified":"2026-04-24T09:01:12","modified_gmt":"2026-04-24T02:01:12","slug":"spot-eth-etf-inflows-hit-10-day-streak-will-ether-rally-to-3k-next","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/spot-eth-etf-inflows-hit-10-day-streak-will-ether-rally-to-3k-next\/","title":{"rendered":"Spot ETH ETF inflows hit 10-day streak: Will Ether rally to $3K next?"},"content":{"rendered":"<div>\n<p><strong>Key takeaways:<\/strong><\/p>\n<ul>\n<li class value=\"1\">The spot ETH ETFs recorded ten consecutive days of net inflows, totaling $633 million.<\/li>\n<li class value=\"2\">Weekly DApps revenue on the Ethereum network fell to $13 million, following a broader decline seen in Solana and BNB Chain.<\/li>\n<\/ul>\n<p>Ether (ETH) struggled to trade above $2,400 on Thursday, but consistent inflows into Ethereum spot exchange-traded funds (ETFs) reflect the bulls\u2019 attempt to regain momentum. Ether&#8217;s price rallied alongside Bitcoin\u2019s (BTC) recovery to $79,000, prompting traders to question whether ETH will attempt a run to $3,000.<\/p>\n<figure><img loading=\"lazy\" alt width=\"896\" height=\"323\" src=\"https:\/\/payload.cointelegraph.com\/api\/media\/file\/pasted-image-28.png?prefix=media%2Fcontent\" decoding=\"async\"><\/figure>\n<p><em>Spot ETH ETF daily net flows, USD. Source: SoSoValue<\/em><\/p>\n<p>On Wednesday, the ETH spot ETFs completed 10 consecutive days of net inflows, totaling $633 million. This shows that traders are gradually reclaiming confidence after ETH abruptly fell by 42% between Jan. 28 and Feb. 6. The cryptocurrency market crash reduced interest in decentralized applications (DApps), which proved especially burdensome for ETH investors.<\/p>\n<figure><img loading=\"lazy\" alt width=\"896\" height=\"312\" src=\"https:\/\/payload.cointelegraph.com\/api\/media\/file\/pasted-image-29.png?prefix=media%2Fcontent\" decoding=\"async\"><\/figure>\n<p><em>Weekly DApps revenue by chain, USD. Source: DefiLlama<\/em><\/p>\n<p>DApp revenues on the Ethereum network dropped to $13 million per week in April, nearly 50% lower than six months prior. However, the decline in decentralized exchange (DEX) volumes has also plagued other major competitors to a similar extent, including Solana, BNB Chain, and Hyperliquid. The aggregate weekly blockchain DApps revenue has fallen to $73 million, down from $130 million in October 2025.<\/p>\n<h2>Ethereum well-positioned to capture demand for DApps<\/h2>\n<p>Despite recent bullish momentum, ETH is down 22% year-to-date in 2026, while the broader cryptocurrency market capitalization is down 14%. <a href=\"https:\/\/cointelegraph.com\/markets\/ethereum-decline-10percent-versus-bitcoin-despite-record-eth-staking\"><span>Ether\u2019s underperformance<\/span><\/a> may be interpreted as a buying opportunity, especially as the Ethereum network remains the leader in total value locked (TVL) and its layer-2 solutions have gained significant market share in DEX volumes.<\/p>\n<p>Regardless of the ETF inflows, the demand for bullish leveraged ETH positions has plummeted to its lowest level in four months.<\/p>\n<figure><img loading=\"lazy\" alt width=\"896\" height=\"336\" src=\"https:\/\/payload.cointelegraph.com\/api\/media\/file\/pasted-image-30.png?prefix=media%2Fcontent\" decoding=\"async\"><\/figure>\n<p><em>ETH 2-month futures basis rate. Source: <\/em><a href=\"https:\/\/app.laevitas.ch\/assets\/futures\/ETH\/term-structure\" rel=\"nofollow noopener\"><span><em>Laevitas<\/em><\/span><\/a><\/p>\n<p>The annualized ETH monthly futures premium relative to regular spot markets (basis rate) dropped to 1% on Thursday, well below the 4% neutral threshold. Still, it is incorrect to assume that professional traders are bracing for downside solely due to a lack of confidence in derivatives markets. The uncertain macroeconomic environment might explain trader skepticism, especially after major tech companies&#8217; quarterly earnings disappointed investors.<\/p>\n<p>IBM (IBM US) shares <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/article\/ibm-stock-tanks-as-quarterly-results-fail-to-quell-ai-concerns-140516139.html\" rel=\"nofollow noopener\"><span>dropped<\/span><\/a> nearly 10% on Thursday due to investor concerns regarding increased competition from the artificial intelligence sector, according to Yahoo Finance. In parallel, Morgan Stanley <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/oracle-stock-morgan-stanley-says-152601827.html\" rel=\"nofollow noopener\"><span>trimmed<\/span><\/a> its price target on Oracle (ORCL US) due to uncertainty in the margin profile and buildout costs of the company\u2019s expanding investment in AI computing data centers.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-etf-1-9-billiow-7-day-inflow-streak-btc-near-80k\"><span><em>BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000<\/em><\/span><\/a><\/p>\n<figure><img loading=\"lazy\" alt width=\"896\" height=\"313\" src=\"https:\/\/payload.cointelegraph.com\/api\/media\/file\/pasted-image-31.png?prefix=media%2Fcontent\" decoding=\"async\"><\/figure>\n<p><em>ETH vs. BNB, SOL, AVAX. Source: <\/em><a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" rel=\"nofollow noopener\"><span><em>TradingView<\/em><\/span><\/a><\/p>\n<p>Ether\u2019s potential bullish momentum likely depends on <a href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-bull-score-hits-six-month-high-2022-bear-market-fears-linger\"><span>reduced risk aversion<\/span><\/a> toward cryptocurrencies, as its price chart relative to some competitors shows striking similarities. The recent spot Ether ETF inflows, while relevant, are not enough to justify a decoupling, especially as activity in the DApps sector has yet to show signs of improvement.<\/p>\n<p>There is no indication that ETH is bound for $3,000, but the Ethereum network seems well-positioned to capture an eventual pickup in demand for decentralized computation.<\/p>\n<\/div>\n<p>This article is produced in accordance with Cointelegraph&#8217;s <a href=\"https:\/\/cointelegraph.com\/editorial-policy\">Editorial Policy<\/a> and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.<\/p>","protected":false},"excerpt":{"rendered":"<p>Key takeaways: The spot ETH ETFs recorded ten consecutive days of net inflows, totaling $633 million. Weekly DApps revenue on [&hellip;]<\/p>","protected":false},"author":5,"featured_media":75585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-75584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/75584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=75584"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/75584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/75585"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=75584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=75584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=75584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}