Ethereum ETFs See Inflows Surge After Price Rebound, Reaching New Record Highs

Ethereum ETFs have experienced a surge in inflows following a 10-day drought. On April 22, $38.74 million flowed into Ethereum ETFs, signaling a reversal of investor sentiment and halting the trend of money exiting the market. This positive momentum coincides with Ethereum’s 5% rally within the last 24 hours. Short positions in derivative markets were also impacted by this price surge, as evidenced by substantial short liquidations exceeding $90 million over the past day.