Ethereum to $5K? ETFs Say “Yes, Queen!” 🚀💸

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Ethereum (ETH) is climbing faster than Liz Lemon after a coffee refill, up nearly 10% this week! 🎉

Apparently, the crypto market is feeling as optimistic as Jenna Maroney after a good hair day, and ETH is ready to break out like Tracy Jordan from a meeting. Could $5,000 be the new “I want to go to there”?

Ethereum’s Supply is Tighter Than a Hugsy Sweater-Is $5K Next?

The Exchange Supply Ratio (ESR) has dropped lower than my patience for Kenneth’s stories. It’s at 0.14, the lowest this year, meaning fewer coins are chilling on exchanges. Thanks, CryptoQuant, for the hot gossip! 📉

For more crypto tea and market shade: Subscribe to Editor Harsh Notariya’s Daily Crypto Newsletter here. You know you want it. 😉

The ESR is basically the crypto version of “who’s holding the purse strings?” A low ESR means holders are moving coins to private wallets, like hiding snacks from your coworkers. Less supply = more FOMO. 🍿

Historically, this kind of move has led to rallies that make even Jack Donaghy say, “That’s impressive.” So, $5,000 might be closer than a Kenneth anecdote. 🙄

And guess what? The big kids are back in town! Spot Ethereum ETFs are seeing inflows again, like a cast reunion for *30 Rock*. Last week, they were crying into their lattes with $788 million in outflows, but now they’re bouncing back with $638 million in inflows. SosoValue says so, and they’re never wrong. 💼

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So, will ETH hit $5K? Only time (and maybe a few more Kenneth stories) will tell. Stay tuned, nerds! 🚀

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2025-09-13 17:48