Yet ETH trades near $2,500, half its $4,953 record, per Yahoo Finance. History says ETF money buys the big coins first and the small coins run after, as they did in early 2024.
Why are Ether ETF inflows pointing to smaller crypto assets right now?
Ether ETFs recorded $218 million of inflows from August 31 to September 4, their third positive week in a row, per SoSoValue data on PANews. The Block put the figure at $218.4 million.
Three weeks in a row is a habit, not a blip. Big money is building a floor under the majors, and that floor lets the small coins run. The question is which small coin.
The majors take the headlines while smaller assets build momentum
Is Bitcoin still the safest buy, or just the slowest?
Bitcoin trades at $79,473 on CoinMarketCap. It slipped under $79,600 on September 8 when strong jobs data lifted the odds of a Fed rate hike to 60%.
Strategy still holds 845,050 BTC but bought none last week, per The Block. Support is $77,000, and a 2x from here is $157,000 Bitcoin, and that takes years, not weeks.
XRP is eyeing $2.12 from $1.43, and that is the whole trade
XRP sits at $1.43 on CoinMarketCap, and one analyst targets $2.12 after the coin reclaimed $1.40, per The Crypto Basic.
A fix bundle for the ledger could go live as early as September 11, per U.Today. That is a decent trade, roughly 50% if it hits. XRP’s big run is behind it, and the next one needs the whole market.
