Ethereum-based exchange-traded funds have seen a surge in institutional inflows, with over $13 million entering these products in a single day. Grayscale’s Ethereum Trust led the way, signaling sustained investor confidence, even as some major funds reported neutral flows. This momentum aligns with Ethereum’s recent price rally and growing mainstream acceptance.

Ethereum Classic (ETC) is trading at $19.08, reflecting a 40% decline from its recent highs. Technical indicators remain bearish, and the network continues to struggle with low liquidity, limited development, and security concerns. Market sentiment is cautious, with ETC at risk of further losses if key support levels fail.

Grayscale Ethereum Classic Trust ETF recently saw increased trading volume and a modest price gain, but technical analysis suggests a hold rather than a buy. The ETF faces high volatility and sits near resistance, with forecasts indicating potential downside unless it breaks above key levels. Investors remain cautious amid ongoing uncertainty.