$ETH

Ethereum ETFs See Record Inflows as Price Targets $2,600 Mark

ETF inflows surged fivefold, signalling rising institutional ETH demand.

Ethereum Foundation sent 5,000 ETH to the Gnosis wallet in one month.

Ethereum (ETH) investment products are seeing renewed momentum. According to Glassnode data, ETH spot ETFs in the U.S. recorded net inflows of 154,000 ETH over the past week. This is five times greater than the recent weekly average, pointing to a sharp uptick in institutional interest. The strongest single-day inflow came on June 11, when 77,000 ETH entered ETF vehicles.

Glassnode’s chart shows a clear upward trend in ETF inflows, marked by green bars. The ETH price, shown by the black line on the chart, rose in parallel, reaching close to $3,700.