After consecutive days of outflows, the Ethereum ETF from BlackRock saw positive net inflows amounting to $118 million on Tuesday, July 30. This significant development marks a positive turn for the fund.
Despite these inflows, the price of Ethereum continues to face selling pressure, registering a decline of 1.21% at press time. Ethereum is currently trading at $3,274.43.
The overall sentiment for BlackRock's Ethereum ETF appears to be improving, yet Ethereum's market struggles persist with a slight downturn in its value.