$BTC The demand for Ethereum ETFs returns

Several data metrics suggest that Ether is well positioned to break towards $2,000 in the coming days or weeks.

One factor supporting the bullish case for Ether is the resurgent institutional demand, reflected by significant inflows into spot Ethereum exchange-traded funds (ETFs).

On April 28, Ethereum ETFs recorded a total net inflow of $64.1 million. This followed inflows totaling $151.7 million during the week ending April 25, the highest since February 2025.