The Crypto Desk

Ethereum Price Surge: 17 Days of ETF Inflows Signal Potential Supply Shock!

Ethereum Price Surge: 17 Days of ETF Inflows Signal Potential Supply Shock!

In an electrifying turn of events for Ethereum enthusiasts and investors alike, the world of cryptocurrency has witnessed history with Ethereum spot ETFs hitting an extraordinary milestone. For the past 17 consecutive days, these ETFs have recorded significant inflows, culminating in an impressive $453 million just this past Friday. This surge has propelled total assets under management to a whopping $20.66 billion, illustrating the soaring demand and interest surrounding Ethereum.

At the forefront of this remarkable achievement is BlackRock’s ETHA, which led the charge with a resounding $440 million in daily inflows. This positions it as the second-highest flowing U.S. ETF for the week, showcasing the growing institutional interest in Ethereum amidst a landscape historically dominated by Bitcoin.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

The ongoing appetite from institutional investors has generated a staggering cumulative inflow of $9.33 billion, with recent weekly net inflows boasting an eye-popping total of $1.8 billion. In stark contrast, Bitcoin ETFs have only managed to attract $71 million in that same timeframe, underlining the shifting dynamics of investor sentiment. If this trend continues, Matt Hougan, Chief Investment Officer at Bitwise, predicts that demand for Ethereum ETFs could skyrocket to $20 billion within the next year, translating to about 5.33 million ETH at current valuations. Given that Ethereum is projected to issue merely 0.8 million ETH in that period, the demand could dwarf supply nearly sevenfold.

As Ethereum progresses, technical analysis reveals that it’s approaching a critical point surrounding a diamond pattern, with pivotal resistance set at around $2,832. Historical data indicates that August has typically been a robust month for Ethereum, often providing returns of approximately 64.2% during post-halving years. This sets the stage for potential price surges toward ambitious targets of $4,000 to $6,000.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

The diamond pattern forming on Ethereum’s three-day chart symbolizes a critical reversal point. Characterized by a period of expanding volatility followed by a contraction, it involves the cryptocurrency reaching both peak highs and trough lows, culminating in a classic diamond shape. As these price movements converge, a breakout is imminent, and analysts anticipate that a successful push past the $4,000 mark could lead to substantial gains, given that institutional investments are likely awaiting confirmation at previous resistance levels.

The cumulative price performance across several Augusts provides a contextual backdrop for the current optimism surrounding Ethereum. Historically, Ethereum has thrived during this month, showcasing average returns that greatly benefit traders. For instance, during the last three post-halving years, Ethereum’s performance included remarkable increases of 35.62% in 2021, 25.32% in 2020, and an astounding 92.86% in 2017. With current statistics indicating a 50.79% gain thus far this July, a consistent uptrend could suggest an impending rally.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

With both Ethereum’s price action and continued ETF inflows aligning for a potentially explosive August, the surge in CME futures open interest — now at an all-time high of $7.85 billion — underscores institutional confidence and involvement. As experts have pointed out, sophisticated traders are positioning themselves strategically for what could be a significant upward trend. This record positioning is noteworthy not just for Ethereum itself but also as a crucial factor in shaping the cryptocurrency landscape as we know it.

As Ethereum heads towards a critical junction, the combination of sustained ETF inflows, bullish technical patterns, and historical seasonal momentum presents a compelling case for potential price expansions. For savvy investors, keeping an eye on this market movement is crucial. Additionally, for those looking to capitalize on this momentum, the presale of the $BEST token from Best Wallet is gaining significant traction, with over $14.2 million raised and only a few months left for its closing deadline on December 31, 2025. By securing positions in $BEST, investors can access exclusive opportunities and benefits, including discounts on trading fees and staking rewards.

Best Wallet combines advanced multi-chain functionality with robust security measures, including institutional-grade Fireblocks MPC integration and built-in decentralized exchange capabilities, optimizing Ethereum positioning. With this promising landscape unfolding, and an early-bird opportunity through the $BEST token presale coming to a close, it’s a moment of action for potential investors. Now is the time to explore how these developments can maximize your investments in Ethereum’s promising future.

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