Ethereum News Today: Ethereum Surges Past 3,750 on Record ETF Inflows as Institutional Adoption Gains Momentum

Ethereum’s price has surged into the spotlight amid a wave of institutional adoption, driven by record inflows into spot ETFs and a bullish technical chart setup. The asset has climbed sharply since late June, with price action indicating strong momentum and institutional conviction. As of July 24, cumulative net inflows into Ethereum ETFs hit $8.88 billion, with a single-day influx of $231 million signaling growing demand from institutional players [1]. These ETFs now hold over $20.7 billion in ETH, representing nearly 5% of Ethereum’s total market cap. Such sustained inflows are reshaping market dynamics, reducing circulating supply, and tightening volatility, which analysts argue creates a foundation for long-term stability and price appreciation [1].

The ETH/USD daily chart reveals a clean uptrend, with Heikin Ashi candles showing consistent bullish movement. The price has remained above the mid-Bollinger Band, a technical sign of sustained momentum. Recent gains pushed Ethereum near $3,750, the upper Bollinger Band, before a slight pullback to $3,660. However, key resistance levels like $3,200 and $3,400 have been decisively breached, suggesting accumulation by institutional actors. Current consolidation near the R3 pivot level indicates a critical juncture: if Ethereum stays above $3,550 support, a rally toward $3,900—and potentially $4,200—appears technically valid. Conversely, a drop below $3,400 could trigger a retest of the $3,200 zone [1].

The surge is closely tied to the launch and performance of Ethereum ETFs. The sheer scale of capital flowing into these funds has shifted the market structure. Daily trading volumes for ETFs alone surpassed $2.1 billion, injecting liquidity that supports both price stability and upward momentum. By absorbing circulating supply, ETFs are reducing short-term selling pressure while attracting long-term investors who previously avoided crypto due to regulatory risks. This institutional-grade validation is positioning Ethereum as a legitimate portfolio asset rather than a speculative play [1].

Price projections hinge on the continuation of ETF inflows. Analysts note that sustained daily inflows above $200 million could establish a new price floor between $3,600 and $3,700. A breakout past $4,000 would align with extended Bollinger Band projections and Fibonacci targets from July’s low. However, short-term corrections remain a risk. If ETF momentum wanes, Ethereum could retrace to the $3,200 zone before resuming its upward trajectory. The critical factor is whether institutional demand outpaces retail volatility [1].

The broader implications of this trend are significant. Ethereum’s transition from speculative asset to regulated investment vehicle marks a turning point for crypto markets. The ETF-driven demand not only supports higher prices but also legitimizes Ethereum’s role in diversified portfolios. As inflows continue, the path toward $4,200—and beyond in Q3—appears increasingly viable, provided the institutional confidence remains intact [1].

Source: [1] [Is Ethereum Price About to Skyrocket?](https://coinmarketcap.com/community/articles/6883a41f44d5ab3d177b2753/)