📊 Why $4B in Ethereum ETF Inflows Aren’t Moving the Needle on $ETH Price
🔺 Despite a surge in Ethereum ETF inflows, with BlackRock’s ETHA leading the charge ($750M+ in June), $ETH continues to hover around the $2,500 mark.
🔥 Total inflows across all U.S. issuers now approach $4 billion, signaling strong institutional confidence in Ethereum.
🔗 On-chain activity is rising too — wallet creation and network usage are both up.
🔍 So, why isn’t the price following the money?
📢 Possible factors:
◾️ Profit-taking by long-term holders
◾️ Broader market uncertainty
◾️ Macro headwinds like interest rates & regulation
◾️ ETFs stacking ETH, but not creating immediate buy pressure
📌 Bottom line: Institutional demand is strong, but price action remains cautious — a divergence worth watching.
#Ethereum #CryptoETFs #BlackRock #Blockchain #CryptoMarkets
https://coingape.com/why-ethereum-etf-inflows-are-unable-to-drive-eth-price-higher/