Recent growth in institutional investments in Ethereum has led to a significant increase in the price of the cryptocurrency. Over just six days, ETF inflows for Ethereum surpassed $2.3 billion, pushing ETH to about $4,900.
Record ETF Inflows
On Wednesday alone, these funds attracted $729.1 million — the second-largest single-day haul since launch. BlackRock’s ETHA pulled in $500.9 million and Fidelity’s FETH added $154.7 million. In the past six days, ETF inflows have topped $2.3 billion.
Price Forecast for Ethereum
Standard Chartered has sharply upgraded its year-end forecast for Ethereum from $4,000 to $7,500, citing the strength of ETF inflows, institutional accumulation, and improving network fundamentals. Since June, ETFs have absorbed 3.9% of ETH’s circulating supply.
Whale Market Movements
Whale activity is reinforcing the bullish sentiment. One unidentified investor acquired 379,000 ETH worth $1.8 billion in just 10 days, while another re-entered the market with a $70 million buy after previously cashing out. On-chain data points to heavy withdrawals from exchanges, a sign that selling pressure is easing.
The surge in institutional investments in Ethereum and bullish sentiment from whales create conditions for a potential price breakout above ETH's historical highs. Analysts note that the combination of shrinking supply, institutional momentum, and whale accumulation could lead to significant price increases.
