Investment flows into Ethereum, particularly within ETFs, have reached record levels, indicating growing interest from investors and institutional participants.
Inflows into Ethereum ETFs
In recent days, Ethereum ETFs, especially BlackRock's iShares Ethereum Trust (ETHA), demonstrated impressive inflows of $80 million. In total, since July, this segment of ETFs has attracted $3.5 billion, which is connected to increased investor interest. The last time total inflows exceeded $125 million was on February 2, when BlackRock brought in $276 million at an ETH price of $2,900.
Institutional Interest
Institutional interest in Ethereum continues to grow. According to OKX's COO Lennix Lai, ETH has surpassed BTC in the perpetual futures market, accounting for 45.2% of trading volume, while BTC holds 38.1%. Ethereum has also become popular among more sophisticated investors, indicated by the increase in derivatives volume.
Future of Ethereum
Open interest in Ethereum futures has reached a record high, exceeding $20 billion. Despite the current drop to $2,500, analysts suggest that a breakout above $2,800 could pave the way toward $3,000 and beyond. However, maintaining the $2,500 level is crucial in determining Ethereum's next moves.
Ethereum continues to capture investor attention through substantial ETF inflows and growing institutional interest. Future forecasts remain optimistic, particularly regarding potential achievements of the $3,000 level.
