This recent inflow saw approximately 40,000 ETH added to the ETFs, indicating a potential change in investor sentiment towards Ethereum exposure.

Analysts believe that if the positive inflow trends continue, Ethereum could strengthen its position in institutional allocations, especially with new ETF strategies and staking products being explored in the US.

While the inflow into Ethereum was modest compared to Bitcoin, the reversal from eight weeks of outflows is viewed as a positive sign for the market.

Previously, the Ethereum market experienced significant selling pressure driven by macroeconomic concerns and increased competition from Bitcoin.

As of April 28, 2025, the price of ETH was $1,759.66, reflecting a 2% decline in the past 24 hours.

The Ethereum (ETH) market is witnessing a notable shift towards institutional optimism, marked by US Ethereum ETFs recording their first positive net inflow after eight weeks of consecutive outflows.

In the broader context, Glassnode reported that recent inflows into crypto assets have reached significant levels, with Bitcoin experiencing its third-largest flow in history in late 2024.