🚀 Ethereum ETF Inflows Surge for 8 Straight Days—$5K Breakout Imminent?

Wall Street's latest crypto crush shows no signs of cooling off. Ethereum ETFs just notched their eighth consecutive day of inflows—and traders are betting this could be the rocket fuel needed to blast past the $5,000 psychological barrier.

The institutional FOMO is real

Eight days. That's how long the smart money has been quietly stacking ETH exposure through regulated vehicles. The last time we saw this kind of sustained demand? Right before Ethereum's last 2x rally.

Liquidity tsunami incoming

Market makers are positioning for what could become a self-fulfilling prophecy. Every fresh ETF dollar creates more buying pressure in the underlying market—which, in typical crypto fashion, will probably trigger a dozen 'I told you so' tweets from permabulls.

Meanwhile, traditional finance analysts still can't decide if this is 'digital gold 2.0' or just millennials gambling with their 401(k)s. Either way—the charts don't lie. The breakout is coming.

Ethereum ETF inflows could lead to $5,000 support

Polymarket odds for Ethereum to reach $5,000 before the end of August stand at 55%. Though the bets are down 9% on the day, likely due to the recent pullback in price, the current odds echo broader industry expectations for the milestone. 

More bullishly, bets for a new all-time high above the $4,800 peak set in November 2021 are at 90%, reflecting the overall positive outlook for the asset. The optimism is supported by the shifting market spotlight to Ethereum, evidenced by the fast-growing global institutional demand.

Alongside ETF issuers, several corporate institutions are going all in on ETH, committing billions to accumulation and various treasury strategies.

Long term, analysts see even greater potential. Standard Chartered recently doubled its year-end Ethereum forecast to $7,500, up from a previous target of $4,000. Some industry members, like Tom Lee, the chairman of the largest corporate ETH holder, have argued that the $7,500 year-end target may be too low, expecting ETH to significantly outperform current market expectations.

Multi-year projections now stand at $12,000 by late 2026, $18,000 in 2027, and $25,000 by 2028–29. Still, moving from a new all-time high above $4,800 to $5,000 and eventually $25,000, will all depend on Ethereum maintaining its current momentum and upward trend.