Ethereum Inflows Just Spiked by $104M: Is Wall Street Ready for a Rally?

Demand for Ethereum [ETH] exchange-traded funds (ETFs) has surged over the past day.

Ethereum spot ETFs saw net inflows of $104 million over the 24-hour period, according to Sosovalue data.

With this daily inflow, the total net asset value of Ethereum spot ETFs has reached $6.14 billion. This brings the ETF net asset ratio to 2.83%, while the historical cumulative net inflows have reached $2.4 billion.

During this rally, the Ethereum ETF with the largest single-day net inflow was BlackRock's ETHA, which reached $54.235 million.

Currently, BlackRock ETHA has reached a historic total net inflow of $4.1 billion.

Following closely behind, Fidelity's FETH recorded a daily net inflow of $35.9 million, bringing its historical inflows to $1.4 billion.

Likewise, none of the nine ETFs saw net outflows. The sharp surge in inflows to Ethereum ETFs reflects the growing demand for the asset as the cryptocurrency market recovers from the recent tariff-related downturn.

As a result, institutional investors are returning to the market.

Renewed Institutional Interest

We can see the return of institutional investors as Ethereum’s Coinbase Premium Index turned positive, reaching a monthly high of 0.075, according to CryptoQuant.

In fact, rising premiums often signal institutional re-accumulation and bullish sentiment towards Ethereum.

Naturally, increased institutional demand tends to translate into higher price action.

Any impact on ETH?

As expected, increased capital inflows into Ethereum ETFs have had a significant impact on ETH price action.

In fact, over the past day, ETH has seen a notable recovery, rising to highs of $1,841 after previously falling to lows of $1,740.

As of the time of writing, Ethereum is trading at $1,828, up 3.01% on the daily chart.

The rally on the altcoin price chart suggests that increased capital inflows are leading to increased buying pressure, pushing prices higher.

What’s next for altcoins?

According to AMBCrypto’s analysis, Ethereum is currently in strong demand across all players. As a result, exchange reserves continue to decline.

Santiment’s on-chain data shows that Ethereum’s stock-to-flow ratio has surged to 61, continuing a week-long upward trend.

When an asset becomes scarce and demand rises or remains constant, prices tend to rise.

Therefore, with capital inflows increasing and buying pressure dominating, Ethereum’s price chart is expected to rise further.

Keeping the current market unchanged, we can see Ethereum attempt to move towards the $1,913 resistance level.

If demand can maintain and reclaim this level, the next important level will be $2,000. However, if sellers start to strategically exit the market, reducing capital inflows, we may see a price correction to $1,730.