In the first week of September, spot Ethereum
$ETH saw net inflows of approximately $218 million, with the cumulative total over the past two weeks exceeding $1 billion. BlackRock’s ETHA and staking-based ETHB were the main contributors, indicating that institutional allocation demand has not disappeared due to the short-term pullback.
At the price level, ETH has oscillated between 2370 and 2530 for several weeks, with 2475 serving as a high-volume support level and 2530 as the bullish confirmation level.
As a trader, I view continued ETF inflows as underpinning medium- to long-term holdings,