🚀 Ethereum Rockets as Crypto Funds Pour $1.9B Into Market Frenzy

Digital gold rush 2.0 is here—and Wall Street's FOMO just went into overdrive.

The floodgates open

Ethereum leads the charge as institutional money floods crypto at levels not seen since the 2021 bull run. That $1.9B inflow? Just Monday's coffee money for hedge funds suddenly pretending they 'always believed' in Web3.

Gas fees vs. Lambos

Network congestion spikes as traders chase the next altcoin moonshot. Meanwhile, crypto bros are already calculating how many fractional NFT yachts this buys—between racking up credit card debt on meme coins.

The smart money's betting on infrastructure. The dumb money's betting on dog tokens. And your pension fund? Probably still buying railroad bonds.

Ethereum Dominates Crypto Fund Inflows

Last week, ethereum stole the spotlight with $1.59 billion in inflows into Ether exchange-traded products (ETPs). That marks its second-largest weekly inflow ever, only beaten by a historic surge in 2021. Investors are clearly ramping up exposure to ETH—monthly inflows have now hit $4.9 billion, and year-to-date, Ethereum ETPs have drawn in a strong $7.79 billion.

Meanwhile, Bitcoin is losing a bit of steam. It faced $175 million in outflows last week, breaking a 12-day inflow streak. Experts say this isn’t a full-blown altcoin season, but more of a calculated shift. Traders and institutions might be betting on the launch of Ethereum ETFs in the US, creating anticipation-driven inflows. With ETH gaining ground in managed assets and outperforming BTC in fund inflows, the power balance is starting to shift.

SharpLink’s Ethereum Bet Hits $1.7 Billion

Nasdaq-listed SharpLink Gaming is making waves with its ETH treasury strategy. The company bought another 77,210 ETH for $295 million last week, raising its total holdings to 438,017 ETH, worth about $1.7 billion. That places SharpLink just behind Bitmine Technologies as the second-largest corporate holder of Ethereum.

The timing of the purchase was perfect. ETH had recently dipped below $3,600, and SharpLink swooped in. Analysts spotted signs of the MOVE early when the company received $145 million USDC from Circle and routed it through Galaxy Digital. This level of strategic positioning shows growing corporate confidence in Ethereum’s long-term value.

Bitmine, for its part, boosted its ETH reserves after a massive $500 million injection from billionaire Peter Thiel. Now sitting on about 566,776 ETH, Bitmine is the top corporate Ethereum whale. With both players building major ETH treasuries, we may be witnessing the rise of a corporate Ethereum accumulation era.

Ethereum Price Nears All-Time Highs

Fueled by inflows and heavy institutional buying, the price of Ethereum is closing in on its 2021 peak of $4,863. Over the past 24 hours alone, ETH ROSE 2.87% to break $3,900, with trading volumes also spiking over 26% to $30 billion. Technical indicators support the rally—MACD is bullish, and RSI is signaling strong demand.

Currently, Ethereum is eyeing its next key resistance at $4,284, based on Fibonacci levels. This WOULD mark a significant step toward retesting all-time highs. The market is also responding positively to solid on-chain data and strong buying from whales and corporates alike.

In contrast, Bitcoin’s momentum has cooled. As ETH gains traction, BTC’s share of the spotlight dims. It’s a clear sign that Ethereum is starting to dominate narrative and capital allocation across crypto.

Fidelity, Grayscale, and Big Names in the Mix

Top fund providers are moving billions. BlackRock’s iShares crypto ETFs led the way last week with $1.56 billion in inflows, although this figure is down from the $4.3 billion recorded previously. Grayscale followed with $78 million in new flows, helping to offset some of its year-to-date outflows, which still stand at $1.3 billion.

Fidelity, however, saw $123 million in outflows from its Bitcoin fund, despite positive monthly performance. This outflow trend could indicate a shift in investor preference away from BTC and into alternative digital assets—namely, Ethereum.

With Ethereum now managing over $28 billion in ETP assets, its growing financial footprint is undeniable. Even firms like GameSquare Holdings are jumping in, recently launching a $100 million ETH treasury strategy.

Ethereum’s Ascent Signals a Broader Shift

The signs are clear. Ethereum is no longer just the runner-up to Bitcoin—it’s becoming a Core institutional asset. SharpLink, Bitmine, and even GameSquare are making ETH a major treasury component. And on the public markets, Ethereum ETPs are outperforming nearly every other asset.

As inflows pour in and price momentum builds, Ethereum looks poised to take the lead in the next crypto cycle. Whether ETFs or corporate treasuries drive the next wave, one thing is certain—Ethereum is on every serious investor’s radar. The crypto market is evolving fast, and ETH is leading the charge.