Despite a substantial $500 million influx into spot Ethereum ETFs, Ethereum’s current market price performance continues to disappoint. The second-largest cryptocurrency by market cap, Ethereum (ETH), remains stagnant amidst varying investor sentiments. Analysts express caution, observing that even with the potential launch of the Pectra upgrade, the market remains lukewarm. The coming weeks will be crucial for Ethereum as investors assess its ability to respond to the upgrade and market fluctuations.