$ETH

Spot Ethereum ETFs have completely no net inflow, indicating a lack of interest from investors, while spot Bitcoin ETFs recorded an inflow of $108 million, led by BlackRock's IBIT ETF ($80.96 million). Despite the market recovering, Ethereum is overshadowed by Bitcoin, with companies like Fidelity, VanEck, and Grayscale witnessing capital flowing into Bitcoin products. This shows that Ethereum is currently less attractive to institutional investors, despite being the second largest cryptocurrency.



The price of Ethereum (ETH) reflects the stagnation of ETFs, trading in a descending wedge around $1,580 with no signs of a breakthrough. ETH is significantly lower than the 50, 100, and 200 EMA levels ($1,800, $2,267, $2,568), with decreasing volume and RSI near the oversold region, indicating a lack of interest from both institutional and retail investors. While Bitcoin attracts all the capital inflows, ETH lacks buying pressure and may continue to lag unless there is a major catalyst, such as the approval of a staking ETF or favorable regulatory changes.