Ethereum ETFs Draw $729M in Inflows as Price Nears All-Time High and Analysts Eye $7,500 Target

Ethereum (ETH) is witnessing an unprecedented wave of institutional investment, with U.S.-listed spot Ethereum ETFs pulling in $729.1 million in a single day on Wednesday.

BlackRock’s ETHA led the pack with $500.9 million in inflows, followed by Fidelity’s FETH at $154.7 million. This marks the second-largest daily haul since Ethereum ETFs launched, following Monday’s record $1.02 billion.

Over the past six days, Ethereum ETFs have attracted more than $2.3 billion in net inflows, driving ETH’s price above $4,900 and sparking a notable shift in capital from Bitcoin to Ethereum.

Standard Chartered has responded to the surge by raising its 2025 price forecast from $4,000 to $7,500, citing strong ETF demand, stablecoin adoption, and sustained institutional accumulation.

Institutional Demand Tightens Supply

Since June, spot Ethereum ETFs have absorbed 3.8% of ETH’s circulating supply, nearly double the rate of corporate treasury purchases. In August alone, ETFs have acquired the equivalent of 500,000 ETH, outpacing the 450,000 ETH issued post-merge.

This rapid accumulation has reduced Ethereum’s supply growth to just 0.13% since the network’s transition to proof-of-stake in 2022, creating deflationary pressure.

Analysts believe this supply squeeze could structurally shift market dynamics. If buying trends continue, institutional holdings could eventually reach 10% of Ethereum’s circulating supply, further fueling long-term price appreciation.

EThereum (ETH) Nears All-Time High Amid Whale Activity

As of Thursday, Ethereum is trading around $4,748, just 2.7% below its November 2021 all-time high of $4,848. The rally has attracted significant whale activity, with one mysterious investor acquiring 379,000 ETH worth $1.8 billion in the past 10 days.

Technical analysts warn that ETH faces its “final boss” resistance near $4,800. A decisive weekly close above this level could open the door to price discovery, with potential targets of $5,200 and $6,400. Conversely, failure to hold this resistance could trigger a pullback toward $3,762.

With strong ETF inflows, favorable regulation under the U.S. GENIUS Act, and Ethereum’s expanding role in decentralized finance and stablecoin ecosystems, market sentiment remains decisively bullish. If momentum holds, the $7,500 target for 2025, and even loftier long-term projections, may be within reach sooner than expected.