$ETH The rising inflows into spot ETH ETFs and BlackRock's accumulation indicate strong interest from institutional investors, supporting a bullish outlook.

A drop to $2,100 could be a strategic entry point, bolstered by a tokenized AUM exceeding $5 billion and a potential breakout in the fourth quarter driven by year-end strategies.

The price of Ether

experienced a volatile period this week as the altcoin reached a 15-week high of $2,879 on Wednesday and fell to $2,433 on Friday, a decline of 15%. Although ETH is consolidating just below $2,600, a broader timeframe pattern could extend its troubles in the coming weeks.