Ethereum ETFs Hit $1.53B Inflows as Issuers Accumulate ETH
Ethereum ETFs recorded a record $1.53B net inflow over four days. BlackRock led the surge with a $550M ETH purchase, lifting its holdings to 3.6M ETH. Grayscale and Fidelity ETFs expanded to 1.82M and 763K ETH, pushing total AUM to $30.2B (5.4% of ETH supply).
On-chain data highlights a whale wallet buying 641,508 ETH and corporate accumulation by SharpLink ($24M). Combined spot Bitcoin and Ethereum ETF trading volume topped $40B. Regulatory optimism from the SEC’s Project Crypto and strong institutional demand fueled a 6% weekly price gain. ETH trades near $4,570, above its 20-day MA and poised to test $4,800–$5,000. Standard Chartered raised ETH targets to $7,500 by end-2025 and $25,000 by 2028, reinforcing a bullish outlook.
Bullish
Record Ethereum ETF inflows and significant institutional buying have driven strong trading volume and a price rebound above key moving averages. Combined with whale accumulation and bullish price forecasts from Standard Chartered, this suggests sustained upward momentum in both short and long term.