Ethereum Price Forecast: ETF inflows return but US selling pressure persists
From fxstreet.com
US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded nearly $117 million in net inflows on Monday, snapping out of a four-day outflow streak, according to SoSoValue data. The positive value came solely from Fidelity's FETH, which pulled in $137.2 million. BlackRock's ETHA shed $20.2 million while other products saw zero flows. Despite the inflows into US spot ETH ETFs, interest from US investors remains weak. The Coinbase Premium Index, a measure of US investors' sentiment, has remained in negative territory over the past week, signaling a dominant de-risking sentiment. A similar sentiment is evident ...
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