Ethereum Price Hovers Near $2,667 Amid ETF Inflows and Exchange Withdrawals
Ethereum's price has been trading near $2,667 after pulling back from the $2,800 region. The recent breakout has brought analysts' attention to the key support zone of $2,540.
U.S. spot Ethereum ETFs have attracted over $746 million in net inflows across five consecutive sessions. BlackRock's ETHA led the session with $26.8 million, followed by Fidelity's FETH with $21.5 million.
The decline in daily inflow totals indicates that ETF demand has remained positive while slowing from the strongest session. The pullback followed a steep recovery from below $2,400 earlier in September, and ETH approached $2,800 before sellers stopped the advance.