A historic 19-day streak of net inflows into Ethereum exchange-traded funds (ETFs), totaling $1.37 billion, has concluded. This period of sustained investment ended with a net outflow of $2.1 million recorded on a recent trading day, signaling a potential shift in investor sentiment.
This shift coincides with significant market volatility. Ethereum’s price experienced a sharp decline, falling approximately 14% from a weekly high near $2,873 to around $2,467. Analysts point to heightened geopolitical tensions, including reports of military actions in the Middle East, as a key factor contributing to the broader market downturn and impacting crypto assets.
Despite the recent outflow and price correction, institutional interest in Ethereum is viewed as fundamentally robust. Market observers emphasize that regulatory clarity surrounding the asset class remains a critical factor for unlocking future growth potential. Supporting this view, Ethereum’s 24-hour trading volume surged by 60%, indicating active repositioning by investors.
Analysts continue to underscore Ethereum’s long-term value proposition, citing its strong fundamentals. Key strengths highlighted include widespread adoption, a vibrant developer ecosystem, and the potential impact of upcoming network upgrades designed to enhance scalability and efficiency.