#ETH #ETHETFs

Hey guys,

despite the market weakness and the price standing still, etherium showed inflows into spot ETFs totaling 150 million for the first two days of the week.

I wouldn't be surprised if the instrument can bounce back to its moving averages around $2,800-$2,900.

That said, the instrument looks weak today and could test local supports around $2,300-2,200.

Stay tuned.