Ethereum exchange-traded funds in the US pulled in $216 million in net inflows on Friday, pushing the monthly total above $327 million. That keeps demand through the ETF channel firmly positive.
Ethereum rode higher inside a contained band, 48 hourly candles move from a 2,440 open to a last tick just above 2,535, up nearly 4%. Price holds above support at 2,508, but hasn’t breached resistance at 2,538.
The sharper read is that ETF buyers are accumulating, but not with enough urgency to force Ethereum out of this range. That leaves Ethereum boxed in near support while resistance overhead still caps the move.