Ethereum ETFs See $726M Inflow as Price Targets $3,800

Key Insights:

  • Ethereum ETF inflows surged 3.7x from the prior day, reaching $726.74M
  • On-chain and trading data signal bullish continuation and institutional demand
  • ETH price targets $3,834 as technical indicators confirm a breakout

Ethereum ETFs recorded $726.74 million in net inflows on July 16, marking the largest daily inflow to date. This was a sharp rise from the $192.3 million observed just one day earlier, a 3.7x increase according to data from SoSoValue. The inflows pushed total Ethereum ETF net assets to $16.41 billion while ETH traded near $3,443.

Total ETH ETF Flows | Source : SoSo Value

This explosive volume indicates a renewed wave of institutional interest, backed by substantial activity from major asset managers. BlackRock added 159,101 ETH worth $499.2 million, and Fidelity acquired 36,110 ETH valued at $113.3 million. These moves alone accounted for nearly 85% of the day’s total inflow, highlighting the scale of confidence among top funds.

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Ethereum Price Analysis | Source : X

At the same time, ETH’s price structure revealed bullish continuation patterns, including a falling wedge and bull flag breakout. Analysis by Merlijn The Trader sets a technical price target of $3,834, reflecting growing momentum.

On-Chain Activity and Cycle Position Strengthen ETH Outlook

Ethereum’s relative performance versus Bitcoin has improved significantly, suggesting the market is entering “Phase 2: Ethereum” of the capital rotation cycle. This phase sees Ethereum outperform Bitcoin, often triggering a shift in investor preference. Metrics from Coinglass further reinforce this trend, showing elevated long/short ratios and bullish derivatives sentiment.

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Ethereum Outpaces Bitcoin | Source : X

Additionally, Ethereum’s metrics dashboard shows exponential growth in tokenized assets, particularly from real-world asset protocols. This expansion complements the ETF activity and signals increasing utility and trust in Ethereum’s infrastructure. Meanwhile, the platform’s clear ZK-rollup scaling roadmap adds to long-term investor confidence.

Trading volumes and open interest have also spiked, pointing to sustained speculative interest. Derivatives data confirm a 34% jump in volume alongside a 8.14% rise in open interest. ETH is now technically and fundamentally positioned to continue its upward trajectory, especially if inflows and demand persist.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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