Spot Ethereum exchange-traded funds registered robust institutional inflows totaling $533.87 million, pushing cumulative inflows to $8.32 billion. BlackRock’s Ethereum Trust (ETHA) dominated with $426.22 million in new capital, reflecting sustained institutional demand. This stands in stark contrast to Bitcoin ETFs, which witnessed $67.93 million in net outflows during the same period.
Ethereum maintains its leadership in the tokenization sector, commanding 54% market share as institutions including Franklin Templeton and BlackRock leverage its blockchain for real-world asset digitization. This institutional adoption reinforces Ethereum’s infrastructure role beyond speculative trading.
Despite a weekly price surge of 17% that brought Ethereum near $3,700, technical indicators signal cooling momentum. Declining trading volume and an overbought Relative Strength Index (RSI) reading of 81.6 suggest potential correction risks. Key resistance remains at $3,850 – a breakout level that could target $4,000 – while failure to hold the $3,500 support zone might trigger retreat toward $3,250.