Ethereum Price Rally To $4,000? Expert Says ETH Still Bullish Despite Correction

Monicah W

Ethereum price has also seen a correction, but still demonstrates strong performance on longer timeframes. Several analysts are still optimistic about ETH’s future and indicate that the recent drop could provide a buying opportunity prior to a possible rise to $4,000. Analysts are bullish on the Ethereum price Despite the recent market correction, leading crypto analysts like Michaël van de Poppe have optimistic expectations for the Ethereum price. Price targets also suggest a potential rally to $4,000. The ETH price performance is still positive, with 57.2% returns in the past month. $ETH goes towards the ‘buy the dip’ range. Sub $2,400 is the area where you’d want to accumulate before the next run towards $4,000. pic.twitter.com/y56cKttUHY — Michaël van de Poppe (@CryptoMichNL) May 19, 2025 Analyst Michaël van de Poppe noted what he calls a “buy the dip” region. He indicated that prices below $2,400 provide an accumulation opportunity “before… Read More at Coingape.com

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BlackRock’s IBIT Inflow Streak Snaps as $430 Million Exits in One Day

BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow on May 30, with investors pulling $430.8 million from the fund.

This marked the end of a 31-day inflow streak and the first net withdrawal in over seven weeks.

BlackRock’s IBIT Still Dominates Bitcoin ETF Inflows

Before this reversal, IBIT attracted $6.5 billion in May alone, making it one of the strongest months since its debut in January 2024.

IBIT’s rapid ascent is not limited to the crypto space. Within 18 months, it climbed into the top 25 US-listed ETFs by assets under management, which many have described as unprecedented.

At the same time, the fund ranks among the top five ETFs for year-to-date inflows across over 4,200 US-listed funds.

According to ETF Store president Nate Geraci, IBIT’s performance has been exceptional. He pointed to the fund’s consistent appeal during both bullish and uncertain market conditions as evidence of its dominance in the sector.

“What a run over the past 30+ days though. IBIT now pushing $ 70 billion in assets < less than 17 months since launch. Not sure I have words to describe how ridiculous this is,” Geraci stated.

Industry analysts attribute IBIT’s momentum largely to growing institutional demand for Bitcoin.

Bloomberg ETF analyst Eric Balchunas highlighted that IBIT has recently absorbed more than 100% of net Bitcoin ETF inflows. This marks an unusual shift from its typical 70% share.

This institutional pivot comes as inflation concerns, economic uncertainty, and improved US regulatory clarity drive traditional investors toward digital assets.

Bitcoin has increasingly been seen as a hedge against fiat devaluation and systemic risk, prompting corporations and nation states to adopt it as part of their treasury strategy.

BlackRock’s iShares Bitcoin Trust (IBIT) Flows in May.
BlackRock’s iShares Bitcoin Trust (IBIT) Flows in May. Source: SoSoValue

As a result, Bitcoin’s price surged to a record high above $111,000 in May. The rally highlighted the growing influence of institutional capital in driving the crypto market.

According to BeInCrypto data, the top cryptocurrency has since pulled back to around $105,000 over the past week.

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