Will ETH Repeat Bitcoin's 2021 Bull Run? Recently, over half of Ethereum ETF inflows have matched the increase in CME futures open interest. What does this mean? Institutional investors are buying ETH not just for directional exposure but also engaging in arbitrage and hedging strategies. This pattern is similar to the fund flows dominated by Bitcoin ETFs. Despite this activity, ETH's trading price remains below its local highs—a simple yet mature signal. Beyond ETF and futures circulation, Ethereum's underlying utility is becoming increasingly robust. Even during periods of market volatility, transaction volumes have maintained a steady upward trend. This indicates that activity on the network is not purely speculative. This consistency suggests a lasting demand base, keeping Ethereum relevant regardless of price fluctuations. Ethereum is consolidating around $4,300, with its daily RSI hovering near neutral and MACD showing weakening momentum. This pause comes after a strong rally. While short-term traders might see hesitation, the bigger picture looks different. One key point to note: ETH is breaking out of a multi-year wedge, much like Bitcoin did before its explosive rally in 2021. But what’s the real wildcard? ETF demand. After weeks of steady inflows, the latest data shows some outflows, but total net assets still exceed $27 billion. If institutional interest picks back up, ETH could hit new highs just like BTC. #ETH