<ul><li>Ethereum's chances of hitting $5,000 by the end of 2024 have dropped to under 10%, despite strong ETF inflows and a 37% price surge needed.</li><li>Ethereum ETFs saw $305 million in daily inflows on Dec. 10, with Fidelity contributing $202.2 million, signaling strong institutional interest and a potential supply crisis.</li><li>According to data from on-chain options protocol Derive, Ethereum's chances of reaching $5,000 by 2024 have decreased to just over 8%.</li><li>Despite the lowered probability, some investors remain bullish on Ethereum, with predictions of reaching $5,000 by year-end and potential new all-time highs.</li></ul>

Ethereum’s $5K Target Faces Significant Hurdles, Derive Predicts Less Than 10% Chance

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