Ethereum ETF products pulled in $96.4 million in net inflows in the latest session, even as ETH remained under pressure. The report said Ether found buyers at $2,351 but was still down 2.5% on the day. With the weekend approaching, geopolitical developments were cited as a likely source of sharper volatility across crypto markets.
The article pointed to conflicting statements tied to Iran, along with reports of strikes in southern Lebanon, as factors weighing on risk sentiment. Bitcoin has been relatively steadier, yet the broader tone of the market is still being shaped by external headlines, leaving Ethereum exposed to abrupt swings.
ETF inflows remain positive, but conviction is still measured
ETH has now recorded net inflows for 10 straight trading days. Even so, almost every daily total in that stretch stayed below $100 million. That suggests investors are still allocating to Ethereum, though the pace points to cautious positioning rather than aggressive accumulation.
Bitcoin products showed much stronger demand. The same day brought a $335 million net inflow into Bitcoin, lifting the recent cumulative figure above $1.5 billion. The report also said that major purchases by institutions such as Strategy have added to the strength of Bitcoin-related flows. Against that backdrop, Ethereum is attracting capital, but not with the same force.
Ethereum hovers near realized price around $2,340
Analyst Ali Martinez said Ether is sitting at a critical inflection point. According to the report, the zone now being tested has historically acted as the line separating bear-market conditions from larger expansion phases. ETH is trading close to its Realized Price of $2,340.
Martinez said that during recovery periods, realized price often works as a distribution barrier as investors look to break even. If that level turns into support instead, Ethereum has historically moved into a much stronger bullish expansion. In practical terms, traders are watching whether the market can hold above the on-chain average cost basis.
$1,500 downside scenario remains in view if pressure builds
The report added that a lasting easing in geopolitical tensions could help ETH move out of its bear-market phase. If conflict drags on, though, inflation worries and the prospect of higher rates could put fresh pressure on risk assets. In that downside case, the article said ETH could fall as low as $1,500.
For now, on-chain data and ETF flow trends both show a market that is still weighing risk carefully. Security developments, macro signals, and daily ETF flow numbers are likely to remain the main indicators for Ethereum’s next move.