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ETH news update: Ether rangebreak possible due to spot ETF inflows

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 9 Views

ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly.

Key point:

Ether price has been range-bound under $2,500, but ETF flows could change the trend.

Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data shows 106,000 Ether flowing into spot Ether exchange-traded funds last week, the seventh successive week of positive flows.

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