Recently, there has been a notable increase in demand for Ethereum, particularly from institutional investors and corporations, affecting pricing and market dynamics.
Surge in Demand for Ether
Recent data analysis indicates that demand for Ether from long-term investors has significantly risen. Specifically, U.S. spot Ether ETFs, led by BlackRock’s ETF, recorded a record weekly cash inflow of about $908 million. Since their inception, these ETFs have seen over $2.7 billion in net cash inflows over the past four months.
Corporate Investments in ETH
The corporate demand for Ether has also markedly increased. For instance, BitMine announced that its Ether holdings have surpassed $500 million. After closing a $250 million private placement, BitMine raised its ETH holdings to 163,142 coins. BitMine CEO Jonathan Bates noted, "We are pleased that we added significantly to our ETH treasury just 3 days after closing our private placement."
Price Outlook for ETH
After consolidating for two months, Ether recently broke above $3,000 for the first time since January 2025. Analysis suggests that ETH is targeting $3,400 next, with the pathway to $4,000 becoming clearer. Recent MACD indicators show bullish sentiment as the MACD line has crossed above the zero mark amid increasing bullish histograms.
The sharp growth in demand for Ethereum and its stable market position indicate that institutional and corporate investors continue to see prospects in this cryptocurrency. This holds significance for both investors and the overall dynamics of the cryptocurrency market.
