ETH Surges 6% as Institutional Inflows Hit $703M and Robinhood Launches Staking for U.S. Users

Ethereum (ETHUSDT) has experienced a notable price increase of 6.05% over the past 24 hours, with the current price at $3,145.92 on Binance, up from a 24h open of $2,966.50. This upward movement is primarily attributed to strong institutional inflows into Ethereum ETFs, which reached $259 million on July 14, 2025, and a record $300 million single-day inflow into BlackRock’s ETHA. Weekly netflows for Ethereum ETFs also hit $703 million, contributing to positive market sentiment. Additionally, SharpLink Gaming’s acquisition of 24,371 ETH and the launch of ETH staking for U.S. Robinhood users have further supported demand. Despite some mixed technical signals, including a bearish MACD crossover and RSI below 50, robust trading volume between $35.7 billion and $43.7 billion and a circulating supply of approximately 120.71 million ETH have reinforced Ethereum’s position as the second-largest cryptocurrency by market capitalization, now ranging from $371.68 billion to $377.77 billion.