Ethereum ETFs Garner $1.3 Billion Inflows Amidst BASE Outflows

A significant shift is underway in the cryptocurrency market, with Ethereum experiencing a surge in institutional investment. Key highlights include: 1) ETH-based Exchange Traded Funds (ETFs) witnessed net inflows exceeding $1.3 billion in the past week, indicating strong buy-in from institutional investors; and 2) BASE network outflows of $1.555 billion are being reported, potentially signaling a change in liquidity dynamics for Ethereum.