Ethereum Eyes $2,800 as Institutional Investments, ETF Inflows, and Regulatory Clarity Propel Bullish Momentum

Ethereum (ETH) is exhibiting strong bullish momentum, driven by substantial institutional accumulation, increasing ETF inflows, and improving regulatory clarity. Recent data shows that major institutions, including BlackRock, have sharply increased their ETH holdings, with spot Ethereum ETFs registering four consecutive weeks of net inflows, bringing total ETF holdings to 3.77 million ETH. Last week, Ethereum investment products saw $296 million in net inflows, sharply contrasting with Bitcoin’s $56.5 million outflows. Technical indicators highlight a 7% price rebound over the past 24 hours to $2,686, testing key resistance levels and pointing to a pattern of hidden bullish divergence above significant moving averages. Additionally, the ETH/BTC trading pair is heavily oversold, suggesting potential upside versus Bitcoin. Regulatory signals from the U.S. SEC, including support for crypto asset self-custody and calls for DeFi regulation, have further boosted investor confidence. With Ethereum’s leadership in the DeFi sector—owning $63 billion TVL and $124 billion in stablecoin market cap—these combined factors are supporting short-term price targets of $2,800–$3,600. However, traders should monitor ongoing regulatory changes that may impact the market.