๐ ๐๐๐ ๐๐๐ ๐๐ง๐๐ฅ๐จ๐ฐ๐ฌ ๐๐ซ๐จ๐ฐ, ๐๐ฎ๐ญ ๐๐ซ๐ข๐๐ ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐ ๐๐ญ๐๐ฒ๐ฌ ๐๐๐๐ค
๐ Ethereum ETFs are seeing steady inflowsโbut ETH's price isnโt budging.
Institutions are showing interest, with 9 straight days of net inflows led by:
๐ข BlackRockโs ETHA: +$50M
๐ข Fidelityโs FETH: +$38M
โก๏ธ On Thursday alone, ETH ETFs attracted $92M, yet Ethereum still dropped now trading around $2,525.
โ ๏ธ Why No Price Impact?
๐น According to Glassnode, ETF inflows only represent ~1.5% of ETHโs spot market volumeโtoo small to move the needle.
๐น Many ETF investors are still underwater:
ETHA avg. cost: $3,300
FETH avg. cost: $3,500
๐ When ETH trades below these levels, it often triggers more selling, not buyingโseen before in August, January, and March.
๐ Bitcoin to ETH Rotation?
Some analysts, like Crypto Rover, suggest a shift from BTC to ETH, as Bitcoin ETF inflows slow down.
But with Ethereum ETF volume so low, the effect may be more symbolic than market-moving for now.
๐ Macro Tensions Add Pressure
Rising U.S.โChina trade tensions and broader economic uncertainty are weighing on crypto markets overall, making it even harder for ETH to find support.
๐ฌ Bottom Line:
ETF inflows show strong institutional interest in Ethereumโbut until volumes increase and prices climb above investor breakevens, the impact on ETHโs market price will likely stay limited.