Ether exchange-traded funds attracted $71 million, showing strong institutional interest. Weekly decentralized exchange volume doubled to $20 billion, closing the revenue gap with Solana. Despite failing to sustain levels above $2,000, Ether’s price has shown signs of a potential market turnaround. Traders are watching for a bounce back towards $2,400.

US-listed Ether ETFs received $71 million in fresh capital, stabilizing assets under management at $13 billion. These ETFs offer over $1.65 billion in daily trading volume, attracting participation from large hedge funds. This liquidity rivals that of major ETFs in other sectors, signaling growing institutional interest in Ether.

While Ether ETF inflows show market potential, demand for ETH derivatives remains uncertain. The annualized premium of ETH futures has stayed below the bullish threshold for three months. However, the 3% basis rate stability amid price lows is a positive sign for Ether investors, indicating moderate market resilience.

Ether’s price weakness led to Ethereum’s Total Value Locked dropping to $54.2 billion. Reduced deposits in smart contracts pose risks for staking yield and the supply burn mechanism. Despite these challenges, demand for Ethereum DApps has been growing steadily throughout 2026, highlighting continued interest in the network.

Weekly DEX volumes on Ethereum surged to $20 billion, boosting DApps revenue to $26.6 million. While Solana leads with $31.1 million in revenue, Ethereum’s performance and resilience in onchain metrics and derivatives suggest a potential rally towards $2,400. Investor confidence may take time to fully recover, but positive indicators are present.

Read more at Cointelegraph: ETH ETF Flows, Onchain Volume Signal Recovery To $2.4K