PANews reported on February 10 that Matrixport released a report today saying that since late January, the cumulative inflow of funds into Ethereum spot ETFs has reached US$500 million, but the price of ETH has not rebounded significantly, indicating that the market selling pressure is still strong. Despite this, the interest of long-term value investors seems to have picked up, and some institutions, including members of the "World Financial Freedom" organization, have also begun to pay attention to ETH.

Looking ahead, the Ethereum network upgrade in March is seen as a potential catalyst, but the market response is relatively cold, failing to reproduce the enthusiastic atmosphere of previous upgrades. The market generally believes that this upgrade is unlikely to trigger a big market. In the absence of clear positive factors, ETH prices may continue to be under pressure. Currently, Ethereum's market share has dropped to 10%.