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Ethereum ETFs record significant inflows this week, pushing Ether to its highest price level since January.
The past 24 hours saw Ether rise 7% to $3,342, and it briefly touched $3,416. This price rally aligns with major inflows into spot Ethereum ETFs. According to SoSoValue, Wednesday saw a record $726 million flow into these funds. That’s the biggest single-day inflow since their July 2024 debut.
BlackRock’s ETHA ETF led the charge with $499 million in net inflows. Eight of the nine spot Ethereum ETFs recorded positive flows. July alone has seen $2.27 billion in total ETF inflows, reflecting heightened interest from large investors.
“Ethereum is increasingly being seen as a long-term institutional asset, not just a trading vehicle,” said Rachael Lucas, crypto analyst at BTC Markets. This sentiment is evident in how these funds now hold 4% of Ether’s total market cap. That statistic marks a growing institutional presence in the Ethereum ecosystem.
Record inflows boost Ether price and institutional trust
Behind the price action lies more than just ETF buzz. Ethereum’s fundamentals have gained traction. Daily trading volume exceeded $2.5 billion, and Ether’s chart shows bullish technical setups. This growth also comes amid capital rotation out of Bitcoin, suggesting a broader altcoin shift.
“Ethereum ETFs record not just high inflows but also mark a pivot in market dynamics,” said Nick Ruck of LVRG Research. “More public companies are treating ETH as a treasury reserve.”
One key player is SharpLink Gaming, now the largest ETH holder among Ethereum treasuries. Backed by Consensys, SharpLink holds 280,706 ETH, having added 20,279 tokens just this week. That places them ahead of even the Ethereum Foundation.
This kind of accumulation shows that institutions are no longer simply speculating. They’re making long-term plays on Ethereum’s utility, tokenomics, and developer ecosystem. With a limited supply growth model and strong staking participation, Ether looks increasingly underpriced to large investors.
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Ethereum ETFs record demand fuels hopes for new all-time highs
The optimism isn’t just about short-term price gains. Ruck added, “We’re optimistic that ETH can continue to rise as investors look for the cryptocurrency to reach past its previous all-time high at around $4,600.”
Altcoins are also gaining from Ethereum’s momentum. XRP rose 5% to $3.05, Solana climbed 5.16% to $170.96, and BNB jumped 3.44% to $710. Meanwhile, Bitcoin saw modest growth at 0.71%, now priced at $118,395.
Bitcoin dominance fell 2.59% over the past week, landing at 63.09%. This drop often signals the beginning of an altcoin season. Lucas from BTC Markets confirmed, “Bitcoin dominance is slipping, and historically, that’s a precursor to altcoin season.”
With Ethereum ETFs continuing to set records, institutional capital seems more confident than ever. Ethereum’s strong fundamentals, ecosystem maturity, and investor sentiment make it a standout in the crypto market heading into late 2025.
