ETH returns to $2000! Ethereum ETF funds turn positive, signaling stabilization

ETH2,26%
BTC1,53%

February 14 News: After experiencing continuous selling pressure, Ethereum has regained the key $2,000 level, and market expectations for ETH price stabilization have significantly increased. Data shows that on that day, Ethereum spot ETF recorded a total net inflow of $10.26 million, ending two consecutive days of large redemptions. Although weekly funds still show a net outflow, the single-day positive turn provides a short-term sentiment relief signal.

From a capital structure perspective, Grayscale’s mini ETH trust led with an inflow of $14.51 million, followed by VanEck’s ETHV and Fidelity’s FETH. In terms of price, ETH rose approximately 5.8% within 24 hours, with the intraday range between $1,926 and $2,067, once again testing and holding the psychological support at $2,000. However, medium-term data still shows pressure: the past 30 days have seen a nearly 40% decline, with a year-to-date retracement of over 24%.

Although there was a capital inflow on February 13, Ethereum ETFs still recorded a net outflow of about $161 million for the week. On February 11 and 12, there were single-day redemptions exceeding $100 million, which became a significant downward pressure recently. Historical comparisons show that in late January, weekly redemptions once exceeded $600 million, causing ETH to quickly slide from above $3,000.

Regarding Bitcoin, the capital movement has been relatively moderate. On February 13, Bitcoin spot ETF recorded a net inflow of approximately $15 million, ending nearly $700 million of outflows over the previous two days, but overall, the trend remains mixed.

Market analysts point out that ETH returning to $2,000 and the ETF capital rebound help alleviate short-term panic, but weekly and monthly trends have not yet fully recovered. If subsequent capital continues to flow back and stabilizes key support zones, it could lay a foundation for a phase bottom; conversely, if support is lost again, volatility risks will persist.

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