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Ethereum ETF Inflows Remain Green Despite Price Struggles – Here Are The Numbers

  • Ethereum's price has shown a slight dip over the past 24 hours, with Binance reporting a 1.22% decline and CoinGecko noting a 1.81% drop, settling between $2,478 and $2,555.
  • Despite the price struggles, there have been consistent inflows into Ethereum-based Spot ETFs, with US-based funds seeing a net inflow of 36,439 ETH valued at $92.19 million on July 4.
  • The iShares Ethereum Trust and Grayscale's Ethereum Mini Trust were among the funds adding significant amounts of ETH, reflecting ongoing institutional confidence in Ethereum.
  • Ethereum's price action suggests consolidation around $2,400 support and $2,600 resistance, with technical analysis signaling a wedge pattern that could lead to either a rally to $4,000 or a pullback to $1,750.

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