Ethereum Stuck at $2,500 Despite $121M Institutional Inflow

The Ethereum price continues to struggle around $2,500 despite significant institutional demand. U.S. spot Ethereum ETFs recorded $121 million in net inflows, their second consecutive positive day, with BlackRock's ETHA accounting for approximately $80.5 million of that total.

This influx of capital is unusual, as Ethereum ETFs have attracted more than $1 billion in net inflows across a late-August-to-early-September stretch, with positive flows on 10 of 12 trading days.

In contrast, Bitcoin ETFs recently suffered roughly $463 million in weekly outflows, while Ethereum products reportedly attracted about $197 million over the same period. This divergence suggests that at least some institutional capital is favoring ETH even as the wider crypto market remains under pressure.