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Ethereum rallies with $1.5b flowing into BlackRock ETF, raising hopes for altcoins and a possible market boom for 2025.
The market is down, but institutional inflows haven't slowed down a bit. This month, Ethereum is making a big wave, as BlackRock's Ethereum ETF has recorded an impressive inflow of $1.5ba since November. The 16-day streak has revived market sentiment, with analysts looking forward to a big New Year rally for major altcoins. With technical indicators aligning and institutional adoption accelerating, could 2025 mark the start of a monumental turnaround for Ethereum and other altcoins? Let's find out.
BlackRock spot Ethereum ETF hits $1.5b inflows in 16 days.
The Ethereum market has entered a new era of optimism. The BlackRock Ethereum ETF space has set the pace for a remarkable recovery after recording an incredible 16-day streak that ended with a $1.5 billion drop since November 20. .
Ethereum's post-election rally and renewed interest in blockchain innovation have revived investor sentiment. Notably, the price of Ethereum soared past $4,000 after these record inflows. In fact, BlackRock's head of US thematic ETFs, Jay Jacobs, believes the inflow is only “the tip of the iceberg”.
Ethereum Set For New Year Rally: Is $4,500 Within Reach?
\With The price of Ethereum is holding firm above $3,400, the market is alive with speculation of a New Year rally that could send ETH up by 30%. Over the weekend, Ethereum saw significant buying pressure as investors switched from Bitcoin. This trend, along with Ethereum including inflows of 59k ETH and net outflows from exchanges of 130k ETH, indicates bullish sentiment.
Some analysts believe that Ethereum could mirror its performance from early 2021, similar to previous market cycles. If the current trend continues, this major altcoin could challenge its annual high of $4,093 and possibly break down the 2021 all-time high of $4,800.
Can major altcoins follow Ethereum's suit?
The attention on the Ethereum rally is raising interest in the major altcoins. Projects like Remittix capture the imagination of investors with their huge potential and unique PayFi solution. Remittix is a cross-border crypto-to-fiat payment network that bridges crypto with local payment networks around the globe.
What sets Remittix apart is its flexibility, it enables individual transactions and allows crypto enterprises to handle invoices, salaries and buyer payments. This level of activity marks a major step forward in crypto adoption, especially in emerging markets where traditional payment systems often face limitations.
As Ethereum continues to struggle with institutional support and use cases, it raises a critical question: Will projects like Remittix and other major altcoins advance to new heights in 2025? Its continuous pre-sale is the proof investors need. The presale reached nearly $500k in just days, and the price is still at just $0.0156.
Decision
The highest level of entry of Ethereum through the BlackRock spot Ethereum ETF indicates a powerful movement in the dynamics of the market. As ETH pushes past key resistance levels, a new all-time high could be within reach. Meanwhile, major altcoins like Remittix are attracting attention with smart use cases and rapid pre-sale momentum, reflecting a broader market recovery. With 2025 on the horizon, the crypto landscape is poised for explosive growth, making now the perfect moment for investors to keep a close eye.
To learn more about Remittix, visit the website and sociality.
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