During the past week, the Ethereum spot ETF saw its highest inflow period, with a total net inflow of $515.17 million, more than three times the previous record. This marks the second consecutive period of new milestones for the ETF. Despite the increase in inflows, the value of Ethereum did not rise significantly. However, analysts believe that the recent pullback in Ethereum's price is a temporary profit-taking move and expect more capital inflow into the Ethereum ecosystem as the bull market develops. Retail investors are monitoring the actions of institutional investors to gauge potential moves in digital assets.
- Content Editor ( coinedition.com )
- 2024-11-18
Ethereum ETF Riddle: $515M Inflow, Yet ETH Price Stalls