Ethereum price today: $1,800
Ethereum ETFs recorded weekly net inflows of $157.1 million this week, their first positive week since February.
The institutional buying pressure follows President Trump's softening rhetoric on China tariffs and Paul Atkins assuming the role of SEC Chair.
ETH retested the $1,800 key resistance amid investors' indecision near the 50-day SMA.
Ethereum (ETH) recovered the $1,800 price level on Saturday after US spot Ether ETFs (exchange-traded funds) recorded their first weekly inflows since February.
Ethereum bulls push ETH ETFs to first weekly inflows since February
Ethereum ETFs recorded net inflows of $104.1 million on Friday — their highest daily inflow since February 4, per SoSoValue data. As a result, the products saw a weekly net inflow of $157.1 million, which also marks their highest net buying activity since February.
