ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside

ETHUSD trades slightly weak, following the footsteps of BTC. It reached a low of $2285 yesterday and is now trading at about $2312.

With net inflows of between $150 and $200 million for the week ending April 19, 2026, US spot Ethereum ETFs continued their recovery following Q1 net outflows of roughly $300 million and propelled year-to-date inflows into positive territory. Daily flows were modest yet consistent, with +$67 million on April 17 (five-day streak to April 17), +$30 million on April 19, +$45 million on April 20, +$10 million on April 21, and +$25 million on April 22 (comprising +$18 million in Fidelity’s FETH and +$7 million in BlackRock’s ETHA; Grayscale ETHE saw minor outflows). Demand lags BTC's roughly $1B weekly surge as institutional rotation shifts toward BTC in view of Hormuz risks; nevertheless, the ETH ETF rebound suggests altcoin potential if interest rates drop. With around $122 billion in total ETH ETF assets under management, there is increasing interest in ETH as a supplement to BTC exposure among investors.

 Major support- $1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.

It is good to buy on dips around $2300 with SL around $2200 for a TP of $2770.