ETH Surges 4.26% as $154.3M ETF Inflows and Institutional Demand Drive Market Momentum

Ethereum (ETHUSDT) experienced a 4.26% price increase over the last 24 hours, rising from a 24h open of $3,545.00 to a current price of $3,696.14 on Binance. This upward movement is primarily attributed to strong institutional interest, as evidenced by $154.3 million in net inflows into Ethereum ETF products, contrasting with significant outflows from Bitcoin ETFs. Additional factors influencing the price include $132 million in liquidations, mainly from spot selling, and notable on-chain activity such as large ETH deposits and accumulations. Broader market sentiment has been shaped by recent US tariffs, weaker employment data, and increased geopolitical tensions, all contributing to heightened trading activity and volatility.

Currently, Ethereum maintains a market capitalization near $450 billion and a 24-hour trading volume exceeding $28 billion, with the ETH/USDT pair on Binance being the most active. The price remains close to the key $3,500 support level, with recent stabilization following a sharp pullback from recent highs, and ongoing institutional inflows continue to support positive market sentiment.