PANews reported on May 18th that, according to BIT analysis, Ethereum's recent price performance is increasingly driven by ETF inflows. Over the past year, the 30-day average daily net inflow into ETHETF has been highly correlated with Ethereum's price movement, indicating a significant increase in Ethereum's price sensitivity to institutional funds. One of Ethereum's core narratives is its net staking yield of approximately 2.5%. However, with inflation accelerating again and the US 10-year Treasury yield rising above 4.6%, Ethereum's staking yield advantage compared to risk-free assets like US Treasuries is weakening. Since May, Ethereum ETFs have seen renewed outflows, consistent with the above logic. If this trend continues, Ethereum will likely remain in a consolidation phase.