$ETH is trading at about $2,756 at press time, down 1.2% in the past day but still up 13% for the month. The asset has fluctuated between a weekly range of $2,419 and $2,869, indicating a struggle between bulls and bears in the face of changing market conditions.
A major driver behind Ethereum’s resilience is the strength of spot ETF inflows. According to SoSoValue data, U.S. Ethereum ETFs saw net inflows of $240.7 million on June 11, the biggest one-day total in four months and the 18th day in a row of positive flows.
With $164.05 million, BlackRock’s ETHA led the inflows, followed by Fidelity’s FETH and Grayscale’s mini ETH offering. Cumulative inflows over the last 30 days have now reached $700 million, indicating sustained institutional interest through regulated investment vehicles.#Write2Earn