December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Bitcoin is trading near $93,000, supported by moderate ETF inflows.
Ethereum bulls have strengthened their grip as the token reclaimed $3,000 despite extended ETF outflows.
XRP is seeing steady ETF inflows as bulls attempt to regain trend control.
#JoinGrowthPointsDrawToWiniPhone17
Bitcoin exchange-traded funds (ETFs) saw inflows for the fifth consecutive day on Tuesday. Data from SoSoValue shows that US-listed Bitcoin ETFs (ETFs) recorded inflows of around $59 million, bringing the total inflows to approximately $58 billion, with an average net asset value of $120 billion.
Bitcoin ETF Statistics | Source: SoSoValue
Despite the moderate and steady ETF (ETFs) inflows, retail interest in Bitcoin remains noticeably low. Data from CoinGlass indicates that the open interest (OI) in Bitcoin futures amounted to $59 billion on Wednesday, down 34% from about $90 billion on October 10. This steady increase in open interest (OI) is an indicator of retail interest and confidence, which plays a key role in sustaining price rallies.
Bitcoin Open Interest | Source: CoinGlass
Institutional demand for Ethereum declined on Monday, as US-listed ETFs posted outflows of $79 million. The downward trend continued into Tuesday, reflected by outflows of nearly $10 million. The cumulative net inflows stand at $12.86 billion, with net assets of $18.66 billion.
Ethereum ETF Statistics | Source: SoSoValue
On the other hand, XRP continues to see steady inflows from ETFs, indicating a potential shift in investor interest toward altcoin-based investment products. As shown in the chart below, US-listed XRP ETFs recorded inflows of about $68 million on Tuesday, continuing a 12-day streak of gains. So far, total inflows into XRP ETFs amount to $824 million, with net assets of $845 million.
XRP ETF Statistics.