Ether draw inflows of 312M in ETFs as Fusaka upgrade is imminent. BlackRock dominates with $257 buy. Historical trends indicate that a 170% rally in the future is probable.
This week, Ethereum has drawn considerable institutional interest. ETF inflows were at 312.6 million in funds. BlackRock led the acquisitions, making $257.2 million in Ethereum acquisitions.
The institutional buying wave, according to TedPillows on X, shows an increasing confidence. This is on time with the Fusaka network upgrade that is coming soon. These developments are being followed by market participants.
Source – TedPillows on X,
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Historical Upgrade Pattern Suggests Major Price Movement
The Fusaka update will be released on December 3rd. An important historical comparison was brought out by Galaxy Trading on X. The most recent significant Ethereum upgrade was on May 7th.
Source –Galaxy Trading on X
After this upgrade, Ethereum surged more than 170 per cent in 100 days. The Fusaka update is much bigger compared to the May upgrade. In case this trend is maintained, the price might reach up to $8,000 by March 2026.
Galaxy Trading stressed that this was an observation and not a prediction. Market forces and externalities will always determine results. Nevertheless, the historical precedent is still worth mentioning.
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Network Upgrade Aligns With Bullish Technical Signals
Sykodelic on X contrasted the present situation with the upgrade of the PECTRA. Ethereum shot up by almost 300 percent in the months after PECTRA. The price action preceding Fusaka reflects the past upgrade trends.
Source –Sykodelic on X
The upgrade delivers bearish advancements throughout the network. Several technical indicators are indicating an increase in prices. December seems to be placed to enjoy a wide market capability.
Upward momentum is still supported by institutional flows. The high standing of BlackRock shows confidence among big players. The institutional support and the combination of technical improvements provide good conditions.
Various positive indicators intersect, according to market observers. Basic value upturn is usually motivated by network upgrades. Together with a high institutional demand, Ethereum has potential catalysts. The Fusaka upgrade is a major technical upgrade. The improved network capabilities may appeal to more users and developers. Accessible exposure is achieved through institutional participation in ETFs.
