The latest data shows that the Ethereum ETF market is performing excellently, with daily net inflows reaching $453 million and cumulative net inflows climbing to $9.335 billion. Currently, the total net asset value has reached $20.661 billion, demonstrating strong market appeal.

It is worth noting that, despite the overall growth trend, the market has not been smooth sailing. On July 17, there was a noticeable outflow of funds, but this does not seem to have affected the long-term trend. Especially after July 22, the inflow of funds into the Ethereum ETF has shown a stable growth trend, demonstrating investors' continued confidence in this asset class.

From a technical perspective, the daily candlestick chart still shows a bullish arrangement, and the short-term moving averages have not yet shown signs of confluence or crossover, which means that the market has not yet presented a clear reversal signal. However, investors still need to remain vigilant and closely monitor the key price level of 3500.

The weekend market may continue to be dominated by fluctuations, providing investors with an opportunity to reassess and adjust their strategies. Although there are occasional small outflows of funds, the overall trend remains positive, demonstrating the resilience of the Ethereum ETF market.

In this cryptocurrency market filled with opportunities and challenges, the performance of the Ethereum ETF undoubtedly provides investors with an investment direction worth关注. However, given the high volatility of the market, investors should still exercise caution when making decisions and consider various factors comprehensively.