For the first time in the past two weeks, there has been an inflow of funds into Ethereum ETFs, indicating a renewed interest from institutional investors.
Nine Ethereum ETFs collectively attracted $5.9 million, which is a significant signal for the market.
Yesterday, the Ethereum ETF from BlackRock recorded an inflow of $8.4 million, marking a key event of the day, while the Grayscale ETF experienced an outflow of $3.8 million. Despite this, the overall balance remained positive, indicating growing confidence among major players.
The price of ETH has not yet responded to the increased interest from institutional investors, remaining within its recent range. However, analysts believe that the key resistance level is $2,700. Only after breaking through this level can the market shift to a bullish trend, laying the groundwork for further growth.
Experts also note that the strengthening of Ethereum’s position amid increased ETF inflows could become an important indicator for the market’s future direction. In the coming days, investors will be closely monitoring price dynamics and trading volumes to assess the potential for continued growth.
