Ethereum ETF activity hit historic highs this week, with institutional investors pouring in billions:
What happened:
🟠A record $2.18 billion flowed into U.S. Ethereum ETFs over the past week — an all-time high.
🟠On July 22 alone, funds received $533.9 million, nearly half of it via BlackRock’s ETHA.
🟠BitMine increased its holdings to 560,000 ETH (worth over $2B), surpassing SharpLink, which holds 360,000 ETH.
🟠Tom Lee doubled down on his bullish stance: target of $4,000 by end of July and $10,000–$15,000 by year-end.
Key dates on the chart:
🟠June 13: SharpLink purchases 176,000 ETH.
🟠July 16: BlackRock files for ETH staking integration in its ETF.
🟠July 18: Trump signs the GENIUS Act, impacting the fintech sector.
🟠July 22: ARK Invest injects $182 million into BitMine.
Institutions are getting greedy. Ethereum is once again becoming a magnet for corporations, ETFs, and funds — and the idea of $10,000 ETH by year-end no longer seems crazy.
