Ethereum Price Eyes $2,460 as BlackRock Leads $53M ETF Inflows

Key Insights Ethereum price traded near $2,416, facing resistance between $2,430 and $2,460. Ethereum ETFs attracted $53.02 million, ending five consecutive outflow sessions. BlackRock’s ETHA led inflows with $32.75 million, while ETHB lost $22.38 million. Ethereum price hovered near $2,416 on Nov. 5 as U.S. spot Ethereum ETFs attracted $53.02 million in net inflows. The Nov. 4 inflows ended five consecutive trading sessions of withdrawals, signaling renewed institutional interest. However, ETH continued to face resistance between $2,430 and $2,460, leaving the recovery dependent on stronger buying momentum. TradingView’s daily chart showed Ethereum price trading at $2,416, below the $2,430–$2,460 resistance zone. ETH reached a session high of $2,433.80 before retreating, indicating continued selling pressure near resistance.

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