Ethereum ETFs See Mixed Performance Amid Market Shifts

The cryptocurrency market is experiencing notable shifts, with Ethereum (ETH) ETFs seeing mixed performance and Shiba Inu (SHIB) capturing investor interest. ETH ETFs recorded their lowest daily inflows since launch, with Grayscale's Ethereum Trust witnessing significant outflows, while BlackRock's iShares Ethereum Trust showed positive inflows. Ethereum's price is under bearish pressure, testing the $3,000 support level, reflecting broader market instability. Meanwhile, Shiba Inu saw a 625% surge in whale inflows, indicating bullish sentiment among large holders. Despite the Federal Reserve's dovish stance, general crypto market conditions remain cautious, influenced by potential upcoming supply increases and ETF outflows.