ETH has recorded a net inflow for 14 consecutive days, and the amount is not small, but the price has been fluctuating. My understanding is that ETH is currently in a turnover period, with severe differences in the market, weak hands exiting, and old money gradually entering from outside.

At the end of January and beginning of February, there was a similar turnover period after the BTC ETF was launched, where weak hands in the market believed in the good news, coupled with selling pressure from Grayscale, leading to many exiting, while old money from outside continuously entered through the ETF.

I believe this turnover period is nearing its end, and the net inflow of the ETF will gradually increase/expand in volume, with ETH's price about to witness a real breakout. One can directly refer to the BTC ETF, as BTC rose by 70% after the turnover period ended.

Currently, the BTC ETF is also experiencing continuous net inflows, but the price has again entered a fluctuation phase, with severe differences still present in the market and also in a turnover phase. Retail investors are selling off, while MicroStrategy and Wall Street keep buying in.