Ethereum's price movements are increasingly being influenced by ETF fund flows, according to BIT's latest analysis. The 30-day average of daily net inflows into ETH ETFs has closely mirrored Ethereum's price over the past year, highlighting a growing sensitivity to institutional capital. Despite Ethereum's approximately 2.5% net staking yield, rising U.S. Treasury yields are diminishing its yield advantage over risk-free assets. Since May, Ethereum ETFs have seen renewed outflows, suggesting potential range-bound price behavior if the trend persists. BIT emphasizes that the interplay between ETF flows and Ethereum's price is becoming a critical factor for investors to monitor.