Interest in Ethereum ETFs Exploded: Institutional Confidence Grows While Price Stalls

Although Ethereum (ETH) has shown a sideways movement in terms of price recently, institutional investors do not seem to be affected by this stagnation. On-chain data and fund flows indicate that professional investors are increasing their confidence in ETH.

400% Jump in Ethereum ETF Inflows

A brief relief was observed in the markets following U.S. President Donald Trump's announcement of a ceasefire between Israel and Iran on Monday. Ethereum experienced an approximately 8% increase that day. However, after this recovery, the price became trapped in a narrow range and failed to establish a clear direction.

Despite this, institutional demand has significantly increased. According to SosoValue data, weekly inflows into Ethereum ETFs reached $206 million this week, which is 400% higher than last week's inflow of $40.24 million. This shows that institutional investors' interest in ETH is rapidly increasing and they are positioning themselves ahead of a possible summer rally.

Smart Money Index on the Rise

The Smart Money Index (SMI), one of the key indicators used to monitor institutional investor interest in Ethereum, also supports this rise. The index has increased by 1% since Monday, reaching a level of 2,088, indicating that bullish expectations among experienced investors are strengthening.

These two important data points – the increase in ETF inflows and the rise in the SMI – indicate that institutional confidence in Ethereum is solidifying.

Which Direction Will ETH Price Break?

Ethereum needs new momentum on the demand side to break out of the narrow price range it has been stuck in for a while. If buyers also enter the spot market along with ETF inflows, the ETH price may test $2,569 and then $2,745 levels in the coming days.

On the other hand, if buying pressure weakens in the market and sales gain weight, there is also a possibility of a pullback to $2,185.


PLEASE READ CAREFULLY FOR A $10 GIFT TO 170 PEOPLE.

Friends who have not yet activated the futures section will earn $10 when they activate the futures section by entering my referral code 88623008. The first 170 people will benefit from this reward.

I AM EXPLAINING IN DETAIL.

My brothers who register on Binance without a referral, please listen carefully;

You will earn 10 USDT when you do what I say in order.

Enter the Futures section from your application,

On the next screen, enter the REFERRAL CODE section and enter the code 88623008 to open your account,

Brothers who want to receive a 10 USDT reward by completing this process by April 10 can do so. After that, it will be enough for you to have a trading volume of $30 after activating your account. However, even if you do this after April 10, your reward will not arrive. Therefore, I recommend you to handle it within 5 seconds.

THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO CLAIM YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.

PLEASE READ CAREFULLY FOR A $3,300 GIFT.

Friends, as publishers, you know that we do everything we can for you. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I am striving to provide more support.

I will now explain how to claim your gift. First, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.

So who can benefit?

Friends who have not yet activated the futures section can activate it by entering my referral code 88623008 while opening the FUTURES section. It is an easy process. I have shown where it is below.