US Ethereum Spot ETF Sees Fourth Consecutive Day of Net Inflows, Total Now at $164.4M

U.S. spot Ethereum ETFs recorded a net inflow of $164.4 million on 2026-01-15, marking the fourth consecutive day of inflows. This continued inflow adds to the $12.44 billion in cumulative inflows recorded in 2025, with the total net assets in Ethereum ETFs now reaching $18.88 billion. The inflows suggest renewed interest from institutional and retail investors, with Ethereum ETFs representing about 5.04% of the cryptocurrency's overall market capitalization.

Ethereum's price has remained relatively stable despite the influx of capital into ETFs. On 2026-01-15, the price hovered near $3,090, with analysts noting that the ETF inflows have had a limited short-term impact on price movement. The gap between strong fund inflows and flat price action has raised questions about whether Ethereum is maturing into a more stable, less volatile asset.

Among the ETFs, Grayscale's ETHE product led with a $50.67 million inflow on January 12, while BlackRock's ETHA experienced a $79.88 million outflow. This highlights a competitive landscape among issuers, with investors favoring lower-cost and higher-performance options.

Why Did This Happen?

The recent ETF inflows follow a period of four consecutive outflow days, indicating a potential shift in investor sentiment. Grayscale's Mini ETH product, which offers a lower fee structure, has attracted significant capital, signaling a growing preference for cost-effective exposure to Ethereum.

Institutional investors and new U.S. regulations are also contributing to increased capital flows into crypto, with JPMorgan analysts predicting continued inflows in 2026. The launch of U.S. spot Ethereum ETFs in late 2024 marked a regulatory milestone, making it easier for traditional investors to access the market.

How Did Markets Respond?

The market response has been mixed. While the inflows have created mechanical buying pressure on the underlying Ethereum market, the price has not shown significant movement. Ethereum is currently facing resistance at $3,340, with initial support at $3,300 and major support at $3,250. A drop below $3,250 may trigger further losses toward $3,220.

Analysts at Nasdaq have suggested that Ethereum could reach $4,000 in 2026, positioning the asset as a steady compounder rather than a fast-moving one. However, the modest price action compared to past cycles has led some holders to seek more aggressive growth opportunities in other projects.

What Are Analysts Watching Next?

Market observers are closely monitoring whether the inflows are sustainable and how they might influence Ethereum's price in the long term. The recent inflows create a potential support structure for the price, especially if they continue. The relative stability in price despite the inflows has led some investors to explore alternative crypto projects.

One such project, Remittix, has drawn attention from Ethereum holders seeking higher growth potential. Remittix is positioned at the intersection of crypto and global remittance, a $19 trillion market with limited active tokens. The project has raised over $28.7 million and is preparing for a major platform launch on 9 February 2026.

Analysts are also watching the broader implications of these ETF inflows on the digital asset markets. Persistent inflows can create upward price pressure as authorized participants must acquire ETH to back new ETF shares. Positive flow data can also reduce volatility and reinforce Ethereum's position as an institutional-grade asset.