Ethereum-ETF inflows increase, but effects on the price remain low

The interest of institutional investors in Ethereum is increasing significantly – at least on paper. Spot ethereum-ETFS recorded nine days in a row net inflows, led by Blackrocks Etha and Fidelity's Feth.

Despite this dynamic, the capital inflow in these funds has no influence on the course of the ETH.
On Thursday alone, almost $ 92 million flowed into Ethereum ETFs, with Blackrock and Fidelity made up for most of them.

Etha brought over $ 50 million, followed by Feth with $ 38 million, according to Farside Investors. However, the blockchain analysis company Glassnode assumes that these inflows are impressive, but are not reflected in a noteworthy purchase pressure on the spot markets.

The main reason? The volume. The report states that Ethereum ETFs only make up about 1.5% of the spot market trade-barely enough to influence the price movements in real time. This number had risen briefly at the end of 2024, but has since decreased to a minimal level since then.

Glassnode also pointed out a trendy trend: most investors in these funds are under water. The average acquisition costs of ETHA are $ 3.300 and that of Feth $ 3.50, while Ethereum is currently $ 2.616 after a decrease of 4% in the last 24 hours. Historically speaking, the drains rise every time ETH falls under these profit thresholds, as the corrections showed in August, January and March.

Some analysts, such as Crypto Rover, see signs that capital flows out of Bitcoin and flows into ether, especially since the inflows in Bitcoin ETFs are now negative after a strong phase. In view of the low influence of Ethereum ETFs on the entire spot trade activities, this rotation should be rather symbolic than effective.

Meanwhile, macroeconomic uncertainty – especially in connection with the renewed trade voltages between the USA and China – increases market volatility, which makes it even more difficult for ETH to catch up with the lost positions at short notice.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.