ETH returns to $2000! Ethereum ETF funds turn positive, signaling stabilization

ETH0,38%
BTC0,52%

February 14 News: After experiencing continuous selling pressure, Ethereum has regained the key $2,000 level, and market expectations for ETH price stabilization have significantly increased. Data shows that on that day, Ethereum spot ETF recorded a total net inflow of $10.26 million, ending two consecutive days of large redemptions. Although weekly funds still show a net outflow, the single-day positive turn provides a short-term sentiment relief signal.

From a capital structure perspective, Grayscale’s mini ETH trust led with an inflow of $14.51 million, followed by VanEck’s ETHV and Fidelity’s FETH. In terms of price, ETH rose approximately 5.8% within 24 hours, with the intraday range between $1,926 and $2,067, once again testing and holding the psychological support at $2,000. However, medium-term data still shows pressure: the past 30 days have seen a nearly 40% decline, with a year-to-date retracement of over 24%.

Although there was a capital inflow on February 13, Ethereum ETFs still recorded a net outflow of about $161 million for the week. On February 11 and 12, there were single-day redemptions exceeding $100 million, which became a significant downward pressure recently. Historical comparisons show that in late January, weekly redemptions once exceeded $600 million, causing ETH to quickly slide from above $3,000.

Regarding Bitcoin, the capital movement has been relatively moderate. On February 13, Bitcoin spot ETF recorded a net inflow of approximately $15 million, ending nearly $700 million of outflows over the previous two days, but overall, the trend remains mixed.

Market analysts point out that ETH returning to $2,000 and the ETF capital rebound help alleviate short-term panic, but weekly and monthly trends have not yet fully recovered. If subsequent capital continues to flow back and stabilizes key support zones, it could lay a foundation for a phase bottom; conversely, if support is lost again, volatility risks will persist.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitmine Stakes Additional 61,232 ETH Worth $142 Million

Gate News message, April 22 — According to Onchain Lens, Bitmine staked 61,232 ETH worth approximately $142 million over the past hour, with potential for further staking activity. Bitmine's total accumulated ETH stake now reaches 3,398,869 ETH, valued at approximately $7.9

GateNews11m ago

Etherealize Raises ETH Long-Term Price Target to $250,000

Gate News message, April 21 — Etherealize released a new report raising Ethereum's (ETH) long-term price target to $250,000. The forecast is based on the assumption that ETH could capture a "monetary premium" similar to gold and Bitcoin, securing a position in the approximately $31 trillion value st

GateNews2h ago

ETH Liquidation Cascade: $1.166B Short Squeeze at $2,420; $827M Long Liquidations Below $2,197

Coinglass data suggest ETH breaking above $2,420 could trigger $1.166B in short liquidations across major centralized exchanges, while a drop below $2,197 could total $827M in long liquidations.

GateNews5h ago

USDT supply hits fresh $188b ATH as Tether tightens grip on stablecoins

Tether CEO Paolo Ardoino says USDT supply has hit a record $188b, cementing the stablecoin's dominance as broader stablecoin liquidity sits near all-time highs. Summary Tether CEO Paolo Ardoino says USDT supply has reached a record $188 billion. The new peak comes weeks after stablecoins hit a

Cryptonews8h ago

ETH 8-Hour Average Funding Rate Turns Negative at -0.0016%

Summary: Ethereum funding rates are negative across major venues, with an 8-hour average of -0.0016%, indicating longs are paid by shorts; rates vary by platform, reflecting differing sentiment and leverage. Abstract: This brief summarizes negative Ethereum funding rates across major exchanges, indicating short sellers pay long positions. It also notes platform-level variations, reflecting differing market sentiment and leverage across venues.

GateNews8h ago

Bitcoin, Ethereum and Solana ETFs Record Positive Net Inflows on April 21

Gate News message, according to the April 21 update, Bitcoin ETFs recorded a 1-day net inflow of 3,599 BTC (approximately $272.59 million) and a 7-day net inflow of 18,914 BTC (approximately $1.43 billion). Ethereum ETFs showed a 1-day net inflow of 34,380 ETH (approximately $79.25 million) and a 7-

GateNews8h ago
Comment
0/400
No comments