Saltık 
Ethereum ETF inflows turned positive after a long period. ETF inflows turned positive again in the cryptocurrency market, which has been declining for about the last week.
Ethereum ETF Inflows Turn Positive Again
According to Coinglass data, Ethereum ETFs turned positive after a 9-day outflow series. There has been a noticeable increase in the net amount of funds entering Ethereum futures ETFs in recent weeks. According to analysts, this situation indicates that investors’ confidence in Ethereum has increased again. In addition, the expected updates and improvements in the Ethereum network are among the factors that keep investors’ interest alive.
The return to positiveness in Ethereum ETFs is one of the important factors indicating recovery and positive turn in the market. However, the outlook in Ethereum does not satisfy investors in declines. Ethereum, which is considered the strongest cryptocurrency among altcoins, is hit hard with every decline, and the future of the team and the cryptocurrency itself is questioned, and even the title of “leader of altcoins” is questioned.
Another factor behind this positive turn is the decrease in uncertainties in global markets and the clearer regulatory frameworks for crypto assets. The adoption of more transparent policies by regulatory bodies, especially in the US and Europe, regarding cryptocurrencies has positively affected investors’ risk perception.
You may be interested in: Profitable Crypto Whale Loses $15.7 Million in Ethereum Trading Loss
Increasing inflows to ETH futures ETFs show that the market is showing signs of recovery and demand for ETH continues to increase. Investors continue to add ETH futures ETFs to their portfolios, trusting in the future potential of this asset.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.