Ethereum investment products witnessed substantial inflows totaling 321 million USD, reflecting a continuous positive trend over six weeks. Since December 2024, total inflows reached 1.19 billion USD, indicating robust demand.
The SEC’s recent clarification on staking activities has likely spurred interest in Ethereum, potentially enhancing its market appeal by allowing more investment products. This positive sentiment contrasts with Bitcoin and XRP, which experienced outflows.
Ethereum currently trades near 2,500 USD, facing key resistance from a rising trendline and a 50-period SMA. Should it fail to exceed these levels, it may decline towards 2,260 USD, prompting traders to watch market movements closely.
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