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Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?

Spot Ethereum ETFs in the U.S. saw a resurgence with a $91.21 million net inflow on November 22, marking a rebound after six days of outflows. BlackRock’s iShares Ethereum Trust led the gains with $99.7 million, while Fidelity and Bitwise also posted modest inflows. This shift coincides with a 2.1% daily and 9% weekly rise in ETH's price, currently at $3,423. The ETFs' performance underscores their influence on Ethereum's market momentum, with investors eyeing sustained inflows to bolster ETH’s recovery. Cumulative outflows of $225.6 million during the prior week had dampened ETH’s earlier gains.