Ethereum’s rebound accelerated after U.S. spot ETH ETFs recorded $547 million in net single-day inflows, ending a five-day outflow streak. Fidelity’s FETH led with $202 million, while BlackRock’s ETHA contributed $154 million.
ETH ETFs now oversee about $27.5 billion, around 5.4% of the circulating market cap, indicating renewed institutional interest as the price regained the $4,000 psychological level.
The turnaround coincided with over $1 billion in combined inflows into U.S. Bitcoin and Ethereum ETFs, boosting risk appetite across major assets.
On the balance-sheet front, institutions continue increasing their exposure. BitMine Immersion Technologies disclosed a 2.65 million ETH corporate treasury, the largest tracked among its peers, while Bit Digital plans a $100 million convertible note raise to acquire more ETH, potentially boosting its treasury rankings.
Technically, analysts note ETH has rallied approximately 250% from cycle lows; some, like Ted Pillows, suggest a brief pullback could set the stage for a move towards $4,500–$5,000, with $10,000 possible later if liquidity and macro tailwinds align.
In the near term, sustaining closes above $4,200–$4,250 would keep bulls in control; failure to do so risks a decline towards the $3,800–$3,600 support level.
If even a small part of SWIFT volume moves on-chain, it could become a steady demand driver for block space and ETH staking.
Alongside improving regulatory clarity and ETF adoption, these integrations strengthen Ethereum’s position as a neutral financial infrastructure for institutions, supporting the AI/data economy narrative highlighted by corporate buyers.
Record ETF inflows, decreasing exchange supply, and rising TradFi pilots support a breakout above $ 4,000. Stay above $4,200, and the path opens towards $4,500–$5,000; lose that, and a healthy retest into the high $3,000s is likely to occur before the next move. For now, the evidence leans bullish.
Cover image from ChatGPT, ETHUSD chart from Tradingview
