Ethereum (ETH) is experiencing a downturn despite impressive inflows into Ethereum ETFs. Recently, ETH’s price dropped over 5%, settling around $3,816. This decline comes concurrently with a slight pullback in Bitcoin prices, raising concerns among investors. Adding to the uncertainty, a recent selloff initiated by the Ethereum Foundation has created negative sentiment in the market. Investors are left to wonder how this will influence ETH’s upcoming price trajectory. While record ETF inflows indicate strong institutional interest, the current price action challenges the bullish narrative for Ethereum. As market dynamics shift, traders and investors must remain vigilant to navigate the evolving landscape surrounding ETH.