XEthereum investment products experienced their most significant institutional inflow to date, with $726 million entering U.S. spot ETH ETFs in a single day. The dramatic spike in capital came from top asset managers and triggered a sharp rise in Ethereum’s price, pushing it past $3,400 for the first time in months.
According to data shared on July 16, BlackRock led the surge with its ETHA ETF, bringing in $499.2 million. Fidelity added $113.3 million through its FETH fund, while Grayscale, Franklin Templeton, and Invesco contributed $54.2 million, $33.0 million, and $5.1 million, respectively. These inflows mark the strongest daily showing for Ethereum ETFs since their inception, bringing total ETH ETF assets to $7.1 billion.
The sharp movement reflects increased interest from institutions seeking secure exposure to Ethereum through regulated vehicles. Hedge funds, corporate treasuries, and portfolio managers are now actively positioning ETH within diversified crypto strategies.
Technical Breakout and Market Momentum Signal Further Gains
Ethereum’s price reaction to the inflow surge was immediate, climbing 8.5 percent in 24 hours to reach $3,445. The asset has rallied 33 percent in the past month, breaking above key technical levels, including a micro megaphone resistance pattern.
Indicators now suggest bullish continuation. The daily MACD has crossed the zero line, and the Relative Strength Index remains above 70. These signals point to firm buyer conviction, which could push Ethereum toward the $3,500 short-term target.
According to investor and analyst Lark Davis, who posted the inflow data on X, ETH is on track to hit higher levels. “Institutions, treasury companies, and smart money are accumulating ETH like never before,” he said, adding, “Send it to $4,000 with haste!”
Alongside Ethereum’s gains, Bitcoin ETFs also attracted significant inflows on the same day, totaling $779.6 million. BlackRock’s IBIT accounted for $763.9 million of that figure. Although ETH’s total remains below Bitcoin’s cumulative $53.8 billion, the parallel rise confirms the widening institutional interest in crypto assets beyond just BTC.
Ethereum’s dominance in the DeFi sector continues to reinforce its value proposition. The network currently hosts over $74 billion in total value locked, serving as the backbone of decentralized finance protocols across the market.
Conclusion
Ethereum’s record ETF inflows and bullish market reaction highlight the growing institutional confidence in its long-term value. As regulated products gain traction and technical signals align, Ethereum appears poised for further upside in both investor interest and price performance.
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