Ethereum ETF Inflows Surge Amidst Potential Bull Run

Ethereum’s price has seen modest gains this week, hovering around $4,299, while experiencing a notable 7.47% decline over the past week. However, recent shifts in investor sentiment have been marked by significant inflows into U.S. spot Ether ETFs. Over the last 24 hours, there’s been an influx of $287.6 million worth of assets, marking a turnaround after weeks of outflows from these funds. This influx has particularly driven interest among investors with major players such as BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s ETH Fund (FETH), contributing significantly to the surge.