Ethereum is back in the spotlight. The world’s second-largest cryptocurrency attracted nearly $300 million from institutional investors last week, marking its strongest weekly inflow since the 2020 U.S. presidential election.
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New data shows that Ethereum is regaining momentum among professional investors. According to blockchain analytics firm Glassnode, spot Ethereum exchange-traded funds (ETFs) saw their fourth straight week of net inflows, with 97,800 ETH worth hundreds of millions of dollars added.
That brings the total holdings in Ethereum spot ETFs to 3.77 million ETH, still approximately 41,000 ETH below the peak recorded in February, but steadily increasing.
Ethereum Leads as Crypto Inflows Slow
The trend aligns with broader digital asset market activity captured in CoinShares’ latest weekly report.
According to a digital asset manager’s report, Ether-based investment products attracted $296.4 million of inflows. This marks Ethereum’s strongest streak of investment interest since the U.S. election. Ether now makes up 10.5% of all assets held in crypto investment products.
“This represents the strongest run of inflows since the US Election last November and marks a significant recovery in sentiment amongst investors,” the report stated.
Overall, digital asset investment products attracted $224 million last week, bringing total inflows over the past seven weeks to $11 billion.
However, according to CoinShares, the pace is slowing as investors grow cautious, waiting for clearer signals from the U.S. Federal Reserve on inflation and interest rates.
Ether Eyes Breakout as Price Holds Tight Range
Ether traded within a narrow 3% range on Monday, dipping to an intraday low of $2,470 before stabilizing around the $2,550 mark.
The cryptocurrency has remained in a similar price band since mid-May, as it continues to consolidate after the sharp rise in May.
The nearest resistance level is currently at $2,840. If ETH breaks above it, a move higher is likely.
“Ethereum continues to mirror its 2020–2021 price structure almost perfectly,” noted crypto trader @CryptoBatman. “A breakout is only a matter of time.”
Why This Matters
Ethereum’s rising market share and steady inflows highlight its growing role as both a core digital asset and a strategic investment in the crypto space.
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People Also Ask:
An Ethereum ETF (Exchange-Traded Fund) is a regulated investment product that tracks the price of Ether (ETH), allowing investors to gain exposure without directly holding the cryptocurrency.
Ethereum ETFs offer a familiar, regulated way for institutional and retail investors to gain ETH exposure, often within traditional brokerage or retirement accounts.
Spot ETFs hold actual ETH, while futures ETFs invest in derivatives contracts tied to Ethereum’s price. Spot ETFs are generally considered more accurate for tracking real-time ETH value.
