Ethereum ETFs are experiencing a seven-week inflow streak, with an increase in institutional interest leading to price recovery and an uptrend for $ETH.
Inflows into Ethereum ETFs hit 106K $ETH last week and continued with 12.72K $ETH on Monday and 16.38K $ETH on Tuesday, outperforming Bitcoin ETFs which saw outflows.
As Ethereum gains momentum and ETF inflows increase, it may lead to positive effects on the broader altcoin market, benefiting tokens like Snorter, which has seen strong interest in its presale.
Snorter, a meme coin trading bot project, has raised over $1.3 million in its presale with features like copy trading and automated token sniping, positioning it as a top pick for potential gains in the altcoin market.