Ethereum News Today: Ethereum Surges 30% to $3,420 on Record $726.74M ETF Inflows

Ethereum's price surpassed $3,400 on Wednesday, July 16th, 2025, driven by a remarkable influx of $726.74 million into spot Ethereum ETFs. This surge represents the highest inflow since mid-January, with BlackRock’s ETHA fund alone accounting for $499 million of this total. Eight out of nine ETFs reported positive flows, bringing the total ETF inflow for July to $2.27 billion. Experts assert that Ethereum is now positioned as a long-term institutional portfolio asset rather than a mere short-term trading instrument.

According to data, total assets under management of spot Ethereum ETFs have reached approximately 4% of the altcoin’s market value. This ratio positions Ethereum prominently in institutional showcases. A daily trading volume exceeding $2.5 billion supports upward price formations. Public companies are accelerating momentum by accumulating Ethereum as a treasury asset. Consensys-backed SharpLink Gaming now has a reserve of 280,706 ETH, surpassing the Ethereum Foundation. The addition of 20,279 ETH on Wednesday indicates sustained demand. Limited supply growth is directing yield-seeking capital towards Ethereum, with the historic peak of $4,600 coming into sight.

Ethereum’s rally has spilled over into other major altcoins, with XRP rising by 5% to $3.05, Solana climbing 5.16% to $170.96, and BNB increasing 3.44% to $710. During the same period, Bitcoin saw a minimal increase of 0.71%, remaining at $118,395. A decrease in Bitcoin’s market dominance signals an impending altcoin season. With the combination of Ethereum staking, institutional purchases, and supportive macroeconomic factors, market risk appetite is expected to increase further. Investors collectively believe that Ethereum could reach new record highs.

Ethereum's price has surged past the $3,400 mark, marking its highest point since mid-January. This significant rise comes on the heels of record inflows into Ethereum exchange-traded funds (ETFs), which have seen a substantial increase in institutional investment. BlackRock’s iShares Ethereum Trust (ETHA) experienced a record inflow of $489 million on a single day, with a total of 148,585 ETH purchased. This daily inflow is the highest since the fund's launch in July 2024 and reflects a growing appetite for Ethereum among institutional investors. The BlackRock Ether ETF has seen a total of $1.25 billion in inflows over the past five trading days, accounting for nearly 20% of its total aggregate inflow since inception.

The surge in Ethereum ETFs is not limited to BlackRock. Fidelity’s FETH fund saw $113 million in inflows, its highest level since December 2024, while Grayscale’s mini Ethereum Trust (ETH) recorded $54 million in inflows, its best since November 2024. The total daily inflow for all Ethereum ETFs reached $720 million, surpassing the previous record of $430 million. This influx of capital has led to a significant increase in the total holdings of US-listed Ether ETFs, which now exceed 5 million ETH, or 4% of the total supply.

In addition to institutional funds, a new wave of Ethereum treasury companies is contributing to the buying pressure. These companies currently hold 1.6 million ETH, valued at around $5.3 billion, and are purchasing the asset at a rate 36 times higher than its production rate. Ethereum-based digital investment funds have also posted their twelfth consecutive week of inflows, totaling $990 million, the fourth-largest weekly inflow on record. This sustained interest from both institutional and corporate investors has driven Ethereum's price to a six-month high of $3,420, with the asset gaining 30% over the past fortnight. This performance outpaces Bitcoin, which has seen an 8.5% increase in the same period.

The surge in Ethereum's price and the record inflows into ETFs highlight the growing institutional interest in the cryptocurrency. The significant inflows into Ethereum ETFs, coupled with the strong technical indicators and the integration of zkEVM, have boosted bullish momentum for the asset. As institutional investors continue to drive the spot market rally, Ethereum's price is expected to remain volatile but with a strong upward trend. The record inflows and institutional adoption suggest that Ethereum is becoming an increasingly attractive investment option for both traditional and digital asset managers.