Fidelity's Ethereum ETF pulled in a hefty $84.1 million in daily flows, signaling strong institutional appetite for ETH as reported by Farside Investors. This influx underscores growing momentum in Ethereum ETF inflows, potentially fueling crypto market trends and aligning with broader hype around assets like Bitcoin (BTC).

From a technical confluence standpoint, ETH trades at $2417.88 in a clear bullish structure, hugging the upper Bollinger Band resistance near $2435.05 while the MACD flashes a golden cross at 33.73, confirming upward strength. With RSI at 64.71 staying neutral and price well above the EMA50 support of $2301.56—itself reinforced by the EMA200 at $2175.51—we eye a potential push beyond resistance if inflows sustain, though volatility could trigger a quick dip to lower band support at $2282.15 for reaccumulation before resuming the grind higher in this macro uptrend.