Ethereum ETFs See $121M Inflows as Asset Struggles to Break Resistance

U.S.-based Ethereum spot ETFs have seen significant inflows of $121 million, led by BlackRock's ETHA with $80.5 million.

This influx of institutional interest may indicate a renewed appetite for Ethereum among investors, particularly in the face of Bitcoin ETF outflows.

However, despite these developments, Ethereum itself continues to struggle with breaking above the key resistance zone of $2,500, $2,600, which is necessary for further gains.