Ethereum is making quiet waves again, and this time it’s not just retail FOMO — institutions are stepping back in. 💼🔥
On May 27, ETH$ETH ETFs pulled in a massive $38.8M in a single day, with BlackRock leading the charge ($32.5M 👑). This isn’t noise — it’s a clear signal: big players are rotating capital back into ETH.
We're also seeing strong on-chain momentum:
🔹 ETH dominates in bridged net flows
🔹 Stablecoin supply on Ethereum is growing fast
🔹 Liquidity is flowing back into DeFi
This means more users, more builders, and more belief in ETH as the go-to Layer 1.
Price-wise, ETH is hovering around $2,708 📈 with RSI at 70 — getting hot, but not overheated yet. If we close above $2,720 with volume, next stop? Possibly $2,900.
But let’s stay sharp — overextension could bring a short-term cooldown. Still, the trend is bullish, and the fundamentals are aligning.
ETH isn’t just surviving — it’s reasserting dominance 💪
