Ethereum News Today: Ethereum ETFs Draw Record $5.4 Billion Inflows as Institutional Demand Surpasses Bitcoin

Ethereum's recent price action has been shaped by a surge in institutional demand, with Ethereum-based ETFs attracting a record $5.4 billion in net inflows in July alone. This influx of capital, driven by major institutions, has pushed Ethereum ahead of Bitcoin in terms of ETF inflows, marking a significant shift in market dynamics. The inflows have been fueled by Ethereum’s continued adoption and its growing appeal as a more scalable and functional platform compared to Bitcoin. Over the past 19 days, Ethereum ETFs have pulled in $5.38 billion, matching their best-ever performance streak [1].

Despite this bullish momentum, the recent announcement of sweeping new tariffs, including a 35% duty on Canadian imports, has caused Ethereum’s price to dip by 6% in the last 24 hours, dropping to $3,625. The move has rattled global financial markets and temporarily disrupted Ethereum’s upward trajectory. However, the cryptocurrency remains up 48% over the past 30 days and 14.5% over the past year [1].

Technical indicators suggest Ethereum is currently entering a consolidation phase. The Relative Strength Index (RSI) has cooled to around 45.64 from an overbought level of nearly 80 in mid-July, signaling a potential short-term correction. A drop toward the 40 level could mark a local bottom, with renewed buying pressure likely to push the price higher again. The Moving Average Convergence Divergence (MACD) histogram also reflects a slowdown in upward momentum, supporting the case for a pullback [1].

Looking ahead, Ethereum is expected to test support around the $3,200 to $3,400 range, in line with the rising trendline. If this level holds, a rebound toward $4,000–$4,200 by the end of August is possible. Sustained ETF inflows and favorable macroeconomic conditions could further push the price toward $5,000 by year-end, with the potential to reach $6,000 in early 2026 if the upward trend continues [1].

The surge in institutional buying contrasts with recent modest inflows, which reached around $20 million for ETH ETFs in the last 24 hours, signaling a potential slowdown in the near term. Nevertheless, the broader trend remains positive, with Ethereum appearing to be undervalued for much of the year and now attracting renewed interest from major investors [1].

Source: [1] Ethereum Price Prediction: $5.4 Billion in ETF Inflows – Big Institutions Are Buying ETH Fast (https://cryptonews.com/news/ethereum-price-prediction-5-4-billion-in-etf-inflows-big-institutions-are-buying-eth-fast/)