Ethereum price today: $1,800
- Ethereum ETFs recorded weekly net inflows of $157.1 million this week, their first positive week since February.
- The institutional buying pressure follows President Trump’s softening rhetoric on China tariffs and Paul Atkins assuming the role of SEC Chair.
- ETH retested the $1,800 key resistance amid investors’ indecision near the 50-day SMA.
Ethereum (ETH) recovered the $1,800 price level on Saturday after US spot Ether ETFs (exchange-traded funds) recorded their first weekly inflows since February.
Ethereum bulls push ETH ETFs to first weekly inflows since February
Ethereum ETFs recorded net inflows of $104.1 million on Friday — their highest daily inflow since February 4, per SoSoValue data. As a result, the products saw a weekly net inflow of $157.1 million, which also marks their highest net buying activity since February.
The weekly inflow was dominated by Fidelity’s FETH,…
