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Coinpaper 2025-12-04 13:08:35

BlackRock Drives 140 Million Ethereum ETF Surge as Key Charts Flip Bullish

Ethereum shows renewed strength across multiple market signals as fresh ETF inflows, a weekly MA50 reclaim, and a clean ETHBTC breakout all align at the same time. Together, these developments mark one of the strongest multi-chart shifts for Ethereum in recent weeks. BlackRock Leads 140 Million Dollar Inflow Into Ethereum ETFs Ethereum exchange traded funds saw a combined inflow of about 140.2 million dollars on Dec. 3, according to data shared by market watcher Ted. The table shows a broad rebound across issuers, with green entries marking positive flows after several days of mixed activity. Ethereum ETF Daily Flows Table. Source: Ted BlackRock recorded the largest single-issuer inflow, adding roughly 53 million dollars to its ETHA product. Fidelity followed with 34.4 million dollars, while Bitwise reported 4.5 million dollars. Grayscale’s ETHE and ETH trusts also posted modest positive entries, including 27.6 million dollars into EZET and 20.7 million dollars into ETHE. The latest inflow reverses the sharp outflows seen on Dec. 2, when several issuers showed red figures. Transitioning into December, flows turned positive as multiple funds moved back into green territory. The data reflects renewed accumulation among U.S. spot Ethereum issuers during a period of broader market volatility. Ethereum Reclaims Weekly MA50 After Sharp Bounce Ethereum moved back above the weekly 50-period moving average, according to a chart shared by Crypto Rover. The latest candle shows price reclaiming the blue MA50 line after several weeks of decline, signaling a clean recovery on the higher-timeframe chart. Ethereum Weekly MA50 Chart. Source: Crypto Rover on X / TradingView The weekly chart highlights a swift rebound from the recent pullback zone. ETH closed the week near 3,195 dollars, pushing back through the moving average that previously acted as resistance during the November drop. The move places Ethereum back inside the mid-trend structure after testing deeper support levels. Trading volume on the weekly chart remains steady, and the green candle shows renewed buying after last week’s long downside wick. ETH now trades near the center of its multi-month range as it approaches the next cluster of overhead levels visible on the chart. ETH/BTC Breaks Three-Month Downtrend on Daily Chart The ETH/BTC pair has broken above a descending trendline that capped price since early September, according to a chart shared by Max Crypto. The daily candles show a clean move through the white resistance line after weeks of consolidation near the lows of the range. ETHBTC Daily Downtrend Breakout. Source: Max Crypto on X and TradingView The breakout follows a long sequence of lower highs, with ETH lagging behind Bitcoin for most of the past three months. Now, the fresh green candle closes above the trendline, signaling the first clear shift in structure on this timeframe. This move improves the relative strength picture for Ethereum and other large-cap altcoins. As long as ETH/BTC holds above the former downtrend line, the cross signals that capital is rotating gradually away from Bitcoin and toward the broader altcoin market.

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