ETH Steady at $2,297 as ETFs Snap $184M 4-Day Outflow Streak with $101M Inflow Surge

Ethereum trades resiliently near $2,297 after spot ETFs recorded $184M net outflows over four days through early May—the longest streak since the 10-day $633M inflow run ended April 24 with $75.9M outflows—but snapped by a surprise $101.2M inflow on May 1 led by Fidelity ($49.4M) and BlackRock ($43.2M). Selling pressures mounted from Galaxy Digital's 45,000 ETH ($104M) exchange transfers on April 28, Ethereum Foundation's $48.9M unstaking on April 26, and WLFI/Genesis' 9,982 ETH (~$22.7M) sales on April 30. Bullish offsets include BitMine's 101,901 ETH buys, Grayscale's 102,400 ETH ($236M) staking, EF's 22.92M USDC receipt, and BlackRock's 26,000 ETH deposit to Coinbase Prime amid Fed rate stability and geopolitical risks.