The Crypto Desk

Ethereum Price Forecast: ETFs Surge with 17 Days of Inflows – Are We Facing a Supply Shock?

Ethereum Price Forecast: ETFs Surge with 17 Days of Inflows – Are We Facing a Supply Shock?

In a stunning display of market momentum, Ethereum spot exchange-traded funds (ETFs) have recently set a remarkable record, enjoying a consecutive inflow streak that’s now at 17 days. On Friday alone, these funds saw an influx of $453 million, pushing the total assets managed up to an impressive $20.66 billion. Leading the charge was BlackRock’s ETHA, which pulled in a staggering $440 million in a single day, marking it as the second-highest inflowing U.S. ETF in the past week.

Ethereum ETFs inflow streak

What’s driving this phenomenal wave of institutional demand? In total, Ethereum ETFs have amassed a whopping $9.33 billion in cumulative inflows, while the weekly figures stand at an eye-popping $1.8 billion. In stark contrast, Bitcoin ETFs trailed far behind with only $71 million in inflows. Matt Hougan of Bitwise predicts that demand for Ethereum ETFs could surge to $20 billion in the coming year—an astonishing figure that translates to about 5.33 million ETH at current prices. Given Ethereum’s anticipated issuance of just 0.8 million ETH during that timeframe, the demand-supply disparity could indicate that interest in Ethereum might outstrip supply almost sevenfold.

Now let’s dive into some technical analysis. Ethereum’s charts reveal the emergence of a diamond pattern, which is often indicative of significant market moves. This pattern is nearing its apex at around $2,832, a pivotal point where substantial breakouts typically occur. Historical prices have demonstrated volatility, with Ethereum oscillating between highs near $4,000 and lows around $1,400, forming this classic diamond shape. The ascending trendline provides vital support through multiple tests, reflecting renewed bullish momentum as it breaks above this critical marker.

Ethereum diamond pattern analysis

Could this lead to a breakout above the $4,000 level? Analysts anticipate that Ethereum’s upward resolution from this pattern could target previous cycle resistance levels, where substantial institutional positioning is expected. Some experts speculate that if the diamond pattern is resolved positively, we could see Ethereum prices skyrocket towards $4,000, setting the stage for an exciting summer.

Moreover, the seasonal strength of Ethereum during August can’t be overlooked. Historical data suggests that this month has delivered breathtaking returns, averaging an impressive 64.2% in post-halving years. Specifically, returns of 35.62% in 2021, 25.32% in 2020, and a staggering 92.86% in 2017 confirm Ethereum’s historic bullish tendencies. Current indicators for July show a promising return of 50.79% for 2025, hinting that momentum is building for another strong August rally. If the past is any indication, the average August return of 64.2% could push Ethereum’s price toward a bullish target of around $6,000.

Ethereum August historical returns

With Ethereum’s futures open interest hitting an all-time high of $7.85 billion, sophisticated traders are clearly positioning themselves for continued upside during these historically strong performance periods. Such significant increases in ETF inflows could result in looming supply constraints, further amplifying potential price surges.

As Ethereum prepares for what could be a remarkable summer, there are exciting investment opportunities within the ecosystem. Notably, the Best Wallet’s $BEST token presale has already raised over $14.2 million and is closing at the end of December 2025. This presale gives early investors exclusive access to discounted trading fees, staking rewards, and a robust trading platform that integrates secure multi-chain functionality with Fireblocks MPC encryption, ensuring high levels of security for institutional-grade traders.

Best Wallet presale opportunity

Investors looking to take advantage of Ethereum’s forthcoming momentum and the expected price increases should act quickly. With the projected upside movements for Ethereum in August being between 43-114%, the time to secure your position is now. For those interested, we recommend visiting the presale website and considering this opportunity before it’s too late. Ethereum is poised for thrilling developments, and aligning oneself with the right token could yield substantial benefits as the market evolves.

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