Krutika Adani
US Spot Etheruem ETFs have seen a net inflow of $27.1 million and an outflow of $0.1 million in the last three days.
As a result of the inflows, Etheruem has managed to cross $2600 and at press time was trading around $2610.
Grayscale which experienced the most outflow has only lost $8.7 million outflow last week.
Despite the inflows, we still expect Ethereum to remain below $3k because of whale-led selling.
Ethereum needs to cross $4000 to resume its gains this year. The current alt season will likely assist Ethereum in gaining these levels by the end of the year.