Ethereum ETF Inflows Fueling Strong Rally
Institutional Demand Behind the Surge
Ethereum has seen a massive boost thanks to growing interest from institutional investors. On July 10 alone, U.S. spot Ethereum ETFs brought in a record $383.1 million in net inflows — one of the largest single-day totals so far. Leading the charge was BlackRock's ETHA, which accounted for $300.9 million of that total.
Big Players Driving Ethereum’s Rise
The influx of institutional capital is pushing Ethereum’s price higher — with over 7% gains that broke through a major resistance level. This marks the 11th straight week of net inflows into Ethereum-focused ETFs, showing consistent interest from large investors.
Why ETH is Gaining Strength
Ethereum’s fundamentals are improving rapidly:
Roughly 30% of all ETH is now staked, reducing the circulating supply and increasing price pressure as demand rises.
Ethereum futures are heating up too, with CME open interest surpassing $3.2 billion — the highest since February.
What Traders Should Watch
Although ETH may be slightly overbought in the short term, suggesting a possible minor pullback or consolidation, the overall trend remains bullish. Many traders are eyeing a move toward $5,000 in the next rally leg.
Smart investors will be watching for short-term dips as potential entry points and tracking ETF inflow trends for early signs of the next breakout.
Summary:
Ethereum’s rally is being fueled by serious institutional investment and strong network fundamentals. The bulls are in control — and they’re far from done.