Ethereum Strengthens Mid-Term Structure with $800M ETF Inflows

Ethereum’s price has stabilized after a recent dip, and analysts believe it may see another surge driven by significant investment flows. The recent influx of over $800 million into Ethereum exchange-traded funds (ETFs) suggests sustained institutional interest in the cryptocurrency. This inflow is notably strong for ETHA, BlackRock’s ETF, which has attracted over $3.7 billion in assets and seen daily inflows exceeding $34.7 million. Experts point to these flows as a key driver behind Ethereum’s potential mid-term bullish rally, even if prices have dropped by nearly 6% in the past two weeks.