🚀 Ethereum ETF Frenzy: $2.18B Floods In – ‘FOMO Is Rocket Fuel’

Wall Street’s latest crypto crush just hit hyperdrive. Ethereum ETFs aren’t just attracting cash—they’re vacuuming it up at a pace that’s rattling traditional finance cages.

The dam broke (and the suits finally noticed)

$2.18 billion in one week isn’t a trend—it’s a stampede. Institutional players who spent years dismissing ETH are now elbowing each other to front-run the next leg up. Funny how blockchain suddenly ‘makes sense’ when there’s a ticker symbol attached.

Retail’s playing catch-up… again

Mainstreet investors are scrambling as ETF flows suggest big money’s positioning for the halving 2.0 narrative. The real kicker? This surge happened before the SEC’s inevitable rubber-stamp approval turns ETH into the new ‘responsible’ altcoin.

The cynical footnote

Watch how fast the same analysts who called crypto a ‘niche asset class’ pivot to ‘digital gold 2.0’ PowerPoint decks. Meanwhile, the blockchain keeps processing transactions—commission-free.

ETF Inflows Fuel Ethereum Rally, But Caution Lingers

Top analyst Ted Pillows has shared key data revealing that Ethereum ETF inflows surged by $2,182,400,000 last week—a strong sign that institutional appetite for ETH is accelerating. Pillows suggests that Ethereum FOMO is just getting started, as traditional investors now view the asset as an investable vehicle thanks to recent regulatory clarity in the United States. With legal frameworks becoming more defined, Ethereum is benefiting from its position as the leading smart contract platform in a maturing crypto ecosystem.

The inflows reflect renewed confidence in Ethereum’s long-term value, particularly as its fundamentals remain strong and institutional demand continues to build. This influx of capital has helped ETH reclaim the $3,800 level and sustain a powerful uptrend that began in late June. However, some analysts remain cautious. While the trend clearly favors the bulls, the market has not yet seen a healthy relief correction to reset momentum and establish a firmer base for further upside.

As Ethereum approaches the critical $4,000 resistance for the first time since December, price action in the coming weeks will be decisive. Bulls are now focused on breaking above this level to confirm continuation, but the potential for short-term consolidation remains on the table. Momentum is strong, but a brief cooldown could strengthen the foundation for the next move.

ETH Weekly Chart Shows Massive Strength

Ethereum’s weekly chart confirms a powerful breakout, with ETH currently trading around $3,800—a level not seen since early 2024. The surge comes after a clean reclaim of the $2,852 support and a rapid push above the long-standing $3,742 resistance zone. This move, supported by rising volume and a steep incline in price action, reflects strong bullish momentum. More importantly, Ethereum is now trading well above the 50, 100, and 200-week moving averages, which cluster NEAR $2,400–$2,700. This alignment of long-term MAs beneath price offers a solid foundation for further upside.

The structure now mirrors the early phases of Ethereum’s previous bull cycles. If bulls can maintain control and push decisively above $4,000 in the coming days, ETH may enter a price discovery phase, potentially targeting new all-time highs later this year. However, this level has proven to be a major resistance in the past, as seen in early 2022 and late 2023, so rejection is still on the table.

That said, the sharp rally with no major retracement since June increases the likelihood of a short-term consolidation or correction. Still, the overall trend is bullish, and momentum remains clearly in Ethereum’s favor.

Featured image from Dall-E, chart from TradingView