While the entire market is anxious about the price fluctuations of Ethereum (ETH), the size of the Ethereum ETF has quietly surpassed the $2.5 billion mark! Does this mean that even if ETH faces resistance at $3,500, the market's optimism remains unchanged?
That's right, although the price of Ethereum has recently fallen by nearly 10%, ETF fund inflows have surged like a tide, with a cumulative net inflow reaching $53 million. This inevitably raises the question: Is the $3.5K barrier really going to be the breaking point for its soaring?
From the data, Farside Investors' statistics show that the total inflow of the US spot Ethereum ETF has already surpassed the $2.5 billion milestone. Meanwhile, data from Cointelegraph Markets Pro shows that the price of ETH is still in a downward trend on the weekly chart. This seemingly contradictory phenomenon is actually a reflection of market complexity.