Wall Street Invests Heavily in Ethereum ETFs Amidst Price Dip

Ethereum ETFs saw a record $443.9 million in inflows, driven by Wall Street’s increasing institutional demand for the asset. This surge marks a remarkable turnaround after days of price declines and follows comments from Federal Reserve Chair Jerome Powell that signaled a more dovish policy approach. While Bitcoin ETFs experienced outflows, Ethereum ETFs are showing strong resilience, indicating a shift towards long-term investment rather than short-term speculation.