Ethereum ETF Inflows Reach $226M

Ethereum (ETH) is gaining traction among institutional investors as Exchange-Traded Funds (ETFs) tracking the asset absorbed $226 million in fresh capital yesterday.

This influx of funds brings Ethereum ETF volumes close to those of Bitcoin, underscoring sustained demand for ETH exposure from large-scale investors.

The current price of ETH is $2513.54, which remains within the Bollinger band's upper resistance at $2530.54.

The technical analysis suggests a measured accumulation rather than euphoria, with the EMA50 at $2400.5 continuing to anchor the bullish structure and the EMA200 at $2117.07 marking deeper support.