BlockBeats News, November 28th, according to Cointelegraph, K33 Research Director Vetle Lunde stated that since Donald Trump's election victory on November 5th, Volatility Shares' Ethereum Leveraged ETF holdings have increased by 160%. VolatilityShares currently holds over half (50.1%) of CME's open interest in Ethereum.
Despite Ethereum's price performance lagging behind Bitcoin, market participants expect this situation to change following the current slump in ETH price. Based on newly emerged technical chart patterns, some analysts predict that Ethereum could reach $20,000 at the peak of the 2025 bull market cycle.
Bitget Research Chief Analyst Ryan Lee stated that ETF inflows and spot buying pressure indicate that Ethereum will gain further upward momentum in the coming weeks.

