ETH ETFs get first weekly inflows since February

Ethereum ETFs saw their first positive week since February with $157.1 million in net inflows

After President Trump softened his China tariff language and Paul Atkins became SEC Chair, institutional buying pressure increased.
ETH tested $1,800 barrier amid market hesitation around the 50-day SMA.

Ethereum (ETH) rebounded $1,800 on Saturday as US spot Ether ETFs saw their first weekly inflows since February.

Bulls boost ETH ETFs to first weekly inflows since February.
According to SoSoValue, Ethereum ETFs saw their greatest daily inflow since February 4 at $104.1 million on Friday. The goods' weekly net inflow was $157.1 million, their highest since February.

Institutional investors' purchasing pressure grew after President Trump softened his tone on the US-China trade conflict and Paul Atkins became SEC Chair last week.

Most crypto community members expect Atkins to regulate cryptocurrencies softly due to his involvement with crypto firms.

Atkins told an SEC crypto roundtable on Friday that he will engage with Congress and colleagues to create a "reasonable and targeted" digital asset framework.

Fidelity, Grayscale, 21Shares, and Bitwise are awaiting the SEC's exchange filing decision to allow staking in their ETH ETFs. Analysts predict staking to increase ETH ETF inflows, which might strengthen ETH.

Ethereum price forecast: Nearing $1,800 critical level
Coinglass data shows $45.18 million in Ethereum futures liquidations in 24 hours. Long liquidations total $15.37 million and short liquidations $29.82 million.

ETH is retesting the $1,800 major barrier and 50-day SMA after three days of rejection. The successive small-bodied candlesticks at $1,800 indicate bull-bear uncertainty.

A strong closing over $1,800, 50-day SMA, and descending channel upper barrier might start ETH's significant comeback. A move might see ETH challenge $2,100 barrier.

ETH may fall to $1,688. A drop below $1,688 might drive the leading cryptocurrency below a March 25 trendline.

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