Ethereum ETF Inflows Remain Green Despite Price Struggles – Here Are The Numbers
2025-07-06 04:21:22
Main Idea
Ethereum's price has been subdued recently, but spot Ethereum ETFs have seen strong inflows, indicating continued investor interest despite market stagnation.
Key Points
1. Ethereum's price dipped by over 1% in the past 24 hours, trading between $2,478 and $2,555.
2. Spot Ethereum ETFs recorded a net inflow of 36,439 ETH ($92.19 million) on July 4, following $148.57 million in inflows on July 3.
3. BlackRock's iShares Ethereum Trust led inflows with 32,987 ETH ($83.46 million), now holding 1.81 million ETH ($4.57 billion).
4. Ethereum's price is consolidating between $2,400 and $2,630, with a 4.1% gain over the past week, outpacing Bitcoin's 0.7% gain.
5. Technical analysis suggests a wedge pattern, with resistance at $2,600 and potential for a breakout or pullback depending on price movement.
Description
Ethereum’s price performance over the past 48 hours has been relatively subdued , suggesting that the altcoin’s recent rally may be cooling. Over the past 24 hours, Ethereum has dipped by just over 1%, with Binance showing a 1.22% decline and CoinGecko reporting a slightly steeper 1.81% drop. Intraday trading activity has been confined to a narrow band between $2,478 and $2,555, according to data from CoinGecko. However, beneath the surface, a different narrative is unfolding with steady inflows...
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