Ethereum ETFs Record $169M Inflow, Highest Since January
U.S. spot #Ethereum exchange-traded funds attracted $169 million in net inflows on Wednesday, according to CoinGlass data. That figure marks the strongest single day for the products since Jan. 14, when they pulled in $175 million.
ETH$ETH rose 4.3% over the prior 24 hours to trade at $2,130. The token had briefly fallen below the $2,000 level before recovering. Both BTC$BTC and ETH$ETH remain more than 40% below their respective all-time highs.
Some altcoins are down more than 70% following a correction that started in the fourth quarter and carried into 2026.
Analysts told Decrypt that three factors drove Wednesday's inflow surge. The first was rising geopolitical tension in the Middle East.
The second was investors reassessing risk after a long downtrend pushed prices lower. The third was incremental progress on the U.S. #regulatory front.