Ethereum exchange-traded funds (ETFs) saw a surge in investor interest, with the highest inflows in 30 days. This comes despite ETH's lackluster price performance. The increase in ETF investments aligns with market optimism following Donald Trump's inauguration as US president, boosting overall market confidence. Institutional demand for ETH is growing, as seen by the inflows of $246 million recorded last week. The positive funding rate in the futures market further confirms bullish sentiment toward ETH. The current price of ETH is $3,265, but it has the potential to break out above $3,500 or fall to $3,022 depending on market conditions.



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