Ethereum Price Surges 5% on ETF Inflows Institutional Interest

Ethereum's price is currently experiencing a significant upward trend, with analysts predicting it could reach $10,000. This bullish outlook is driven by several key factors, including the potential approval of Ethereum-based exchange-traded funds (ETFs) and the growing dominance of stablecoins in the market. Ethereum supports over 55% of the total value locked (TVL) in the crypto market and dominates stablecoin flows, positioning it for institutional-led growth.

ETF inflows totaling $1.25 billion in just 19 days mark Ethereum’s strongest accumulation trend since 2017, signaling rising institutional interest. This level of engagement points to bullish conviction rather than short-term speculation. The proposed staking ETF could drive a major wave of yield-focused demand among institutions, as around 29% of ETH is already staked. This proposed Bitwise Ethereum Staking ETF, expected by July 4, could increase that figure, making Ethereum an attractive option for institutions seeking built-in rewards.

Ethereum's dominance in the stablecoin infrastructure is also a significant factor. It currently supports over 40% of USDT and 75% of USDC issuance, showing its central role in stablecoin infrastructure. The potential regulation of stablecoins, as suggested by the Genius Act, could bring large-scale traditional finance (TradFi) capital into Ethereum’s ecosystem. Additionally, JP Morgan’s activity on Base, which operates atop Ethereum, reinforces this base-layer dominance.

Tokenization of real-world assets (RWAs) is also expected to scale on Ethereum, giving it future relevance in digitized finance. This layer-two expansion supports the ongoing bullish structure visible in multi-year trend formations. The chart outlook remains favorable as long as Ethereum trades above its key long-term support near $1,800. Consolidation in current ranges could precede a significant rally targeting the $10,000–$13,000 zone. Market participation, staking dynamics, and institutional buying continue to align with that projected trajectory.

On the weekly chart, Ethereum is currently trading around $2,544.15 after recent activity had solidly consolidated. After opening close to $2,548.98, the price rose to $2,680.84 and then fell to $2,455.33. Short-term pressure is reflected in this restrained activity, although important support levels over $1,800 are still in place. Constructive developments on stablecoins, ETFs, and tokenization support Ethereum’s bullish long-term outlook.