ETF funds are back again! Net inflows have reappeared. Large capital is taking chips at low levels! The price hasn’t fully started moving yet. Allocation funds have already taken action first! ETH spot ETF again shows inflows, indicating that institutional demand hasn’t disappeared. Compared with high-leverage futures contracts pumping the price, what ETFs bring is real spot liquidity to absorb—this kind of buying is slower, but it has higher value for the mid-term positioning structure. Single-day inflows can’t confirm the trend yet; the key is whether they can be sustained. If funds keep entering and spot sell pressure continues to fall, ETH’s rebound could turn from a sentiment-driven move into real structural repair. Smart money has already begun to move in. What’s left now is for the price to turn the signal into action.#eth$ETH