According to GlassNode, an on-chain analytics platform, Ethereum ETFS experienced its first positive net inflow after eight consecutive weeks of outflow.
The influx is modest at around 40,000 ETH, but indicates a potential change in feelings towards ETH exposure. After months of continuous withdrawal from Ethereum funds, this reversal suggests that Ethereum may be seeing updated institutional involvement as the broader crypto market recovers.
Meanwhile, the US #Ethereum ETFS recorded its first positive net inflow after eight consecutive weeks of outflows.
The influx was relatively modest – about $40,000 ETH–but it shows potential changes in emotions around #ETH exposure. pic.twitter.com/hytnwy0ecd
– GlassNode (@GlassNode) April 28, 2025
According to the latest Coinshares data, Crypto Market has an influx of $3.4 billion last week, and is third in record as investors are seeking alternative, safe shelters, with Bitcoin leading with $3.18 billion, followed by $183 million Ethereum.
At the press conference, ETH fell 0.84% to $1,783 over the past 24 hours, reflecting profits after reaching an intraday high of $1,857 on Sunday.
According to Crypto analyst and founder of Capriole Funds Charles Edwards, he recently saw the 2022 chain surrender. Ethereum’s macro index is beginning to (eventually) go upward, indicating a reversal of the ETH macro trend.
Ethereum researchers suggest a 100x “exponential” gas limit
Ethereum researcher Dunklad Feist proposed a 100x “exponential” gas limit boost to improve mainnet scaling.
The new EIP 9698 by Feist proposes an exponential increase in Ethereum gas limit, allowing it to grow 100 times over four years via client-side defaults. It aims to create predictable and sustainable gas limit trajectories and increase the tuning and transparency of the gas limit adjustment process while maintaining backward compatibility with existing mechanisms.
Ethereum’s next network upgrade, Pectra, will be released on Mainnet on the Epoch 364032 on May 7th. Pectra has introduced the EIP-7702 and will introduce various Validator UX extensions, double Blob counts and more.
