{"id":3623,"date":"2025-06-21T12:31:10","date_gmt":"2025-06-21T12:31:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-holds-the-line-etf-inflows-slow-yet-bullish-setup-forms\/"},"modified":"2025-06-21T12:31:12","modified_gmt":"2025-06-21T12:31:12","slug":"ethereum-holds-the-line-etf-inflows-slow-yet-bullish-setup-forms","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-holds-the-line-etf-inflows-slow-yet-bullish-setup-forms\/","title":{"rendered":"Ethereum holds the line: ETF inflows slow, yet bullish setup forms"},"content":{"rendered":"
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Ethereum price remained inside a tight range this week as inflows into its exchange-traded funds slowed.<\/p>\n

Ethereum (ETH) dropped to a low of $2,400 this week as the crypto market crash <\/strong>continued. Its lowest level was down by 16% from its highest level this month, meaning it is in a technical correction.<\/p>\n

SoSoValue data<\/a> <\/strong>shows that spot Ethereum ETFs added $40 million in inflows this week, down from $528 million a week earlier. It was the smallest increase since the week of May 16.<\/p>\n

There are two likely reasons for the significant drop in ETF inflows. First, these inflows slowed as investors remained in the sidelines as Bitcoin, Ethereum, and other cryptocurrencies dropped.\u00a0<\/p>\n

<\/p>\n

Second, inflows slowed this week because it had four working days in the US. Markets were closed on Thursday, which was Juneteenth, a federal holiday.<\/p>\n

On the positive side, Ethereum ETFs have had inflows in the last six consecutive weeks, the longest streak since their approval in September last year. The cumulative ETF inflows is $3.89 billion, bringing the total assets in these funds to $9.6 billion.\u00a0<\/p>\n

BlackRock\u2019s ETHA ETF had cumulative inflows of $5.28 billion, while Fidelity\u2019s FETH has $1.1 billion.<\/p>\n

Ethereum price retreated as its ecosystem metrics deteriorated. For example, the stablecoin transaction volume in Ethereum has dropped by 31% in the last 30 days to $1.2 trillion.\u00a0<\/p>\n

Ethereum price technical analysis<\/h2>\n
<\/source><\/p>\n<\/picture>
ETH price chart | Source: crypto.news<\/figcaption><\/figure>\n

The daily chart shows that the Ethereum price has moved sideways since May 10. It has remained inside the support and resistance levels at $2,410 and $2,736. This consolidation is part of the formation of the bullish flag.<\/p>\n

This pattern consists of a vertical price increase driven by strong demand and a short-term consolidation.\u00a0<\/p>\n

The bullish flag occurs between the 50% and 38.2% Fibonacci Retracement levels. It also occurs after the coin rises above the 50-day and 100-day Exponential Moving Averages.\u00a0<\/p>\n

Therefore, the coin will likely have a strong bullish breakout as long as it remains above the lower side of the flag at $2,400. More gains will be confirmed if the price moves above the upper side of the flag at $2,735. If this happens, the next point to watch will be the psychological point at $3,000.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum price remained inside a tight range this week as inflows into its exchange-traded funds slowed. Ethereum (ETH) dropped to a low of $2,400 this week as the crypto market…<\/p>\n","protected":false},"author":1,"featured_media":675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3623"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3623\/revisions"}],"predecessor-version":[{"id":3624,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3623\/revisions\/3624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/675"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}