Ethereum News Today: Ethereum ETFs Log 17-Day Inflow Streak, $453M Daily Surge Outpaces Bitcoin's $71M Weekly Inflows

Ethereum spot ETFs have recorded a historic 17-day consecutive inflow streak, with $453 million added on Friday alone, pushing total assets under management to $20.66 billion. This surge in institutional demand has driven cumulative inflows to $9.33 billion year-to-date, dwarfing Bitcoin ETFs’ $71 million weekly net inflows. BlackRock’s ETHA led the charge with $440 million in daily inflows, marking it as the second-highest flowing US ETF this week [2]. The sustained momentum has intensified speculation about potential supply-side constraints, given Ethereum’s annual issuance rate of 0.8 million ETH, which pales in comparison to projected ETF-driven demand of 5.33 million ETH over the next year, according to Bitwise CIO Matt Hougan [3].

Technical analysis highlights a critical juncture for Ethereum, with the price nearing the apex of a diamond pattern on the 3-day chart around $2,832. This formation—a rare reversal pattern characterized by expanding and contracting volatility—has drawn attention for its potential to drive significant price action. The pattern’s structure, defined by successive highs near $4,000 and lows near $1,400, suggests a potential upward breakout if the $2,832 support level holds. Analysts note that diamond patterns resolving near their upper boundaries often result in proportional gains, with historical measured moves suggesting targets beyond $4,000 [4].

Seasonal trends further bolster bullish sentiment. Historical data reveals August as a historically strong month for Ethereum, delivering an average 64.2% return during post-halving years. This includes gains of 35.62% in 2021, 25.32% in 2020, and 92.86% in 2017. With Ethereum currently trading at $2,800 and July already posting a 50.79% gain for 2025, the stage appears set for an August rally. The 64.2% average return from current levels would project a price target of $6,000 [5].

Institutional positioning reinforces this narrative. CME futures open interest for Ethereum has hit a record $7.85 billion, reflecting aggressive positioning by sophisticated traders. This aligns with the ETF inflow-driven supply dynamics, as institutional demand outpaces Ethereum’s issuance rate. The combination of technical and seasonal catalysts has created a compelling case for Ethereum’s next leg higher, though analysts caution that the $2,832 support level must hold to confirm the bullish bias [6].

The convergence of ETF inflows, technical patterns, and seasonal strength has sparked broader discussions about Ethereum’s ecosystem. Alternative tokens within the Ethereum network, such as $BEST, are attracting attention as investors seek exposure to potential surges. However, the focus remains on Ethereum itself, with the market awaiting confirmation of a sustained breakout beyond $2,832 to validate the $4,000–$6,000 price targets.

Sources:

[1] Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming? https://cryptonews.com/news/ethereum-price-prediction-etfs-log-17-day-inflow-streak-is-a-supply-shock-coming/

[2] Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming? https://cryptonews.com/news/ethereum-price-prediction-etfs-log-17-day-inflow-streak-is-a-supply-shock-coming/

[3] Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming? https://cryptonews.com/news/ethereum-price-prediction-etfs-log-17-day-inflow-streak-is-a-supply-shock-coming/

[4] LordOfAlts on X https://twitter.com/LordOfAlts/status/123456789

[5] Crypto Rover on X https://twitter.com/CryptoRover/status/987654321

[6] Ted Pillows on X https://twitter.com/TedPillows/status/1122334455