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    • US spot Ethereum exchange-traded funds drew $729.1 million in net inflows on Wednesday.
    • BlackRock’s ETHA led with $500.9 million, followed by Fidelity’s FETH with $154.7 million.
    • Standard Chartered’s Geoff Kendrick lifted his year-end ETH target to $7,500 from $4,000.

    US spot Ethereum exchange-traded funds drew $729.1 million in net inflows on Wednesday, the second-largest single-day haul since launch.

    BlackRock’s ETHA led with $500.9 million, followed by Fidelity’s FETH with $154.7 million, according to SoSoValue data.

    Four other spot Ethereum ETFs also saw positive flows.

    The latest surge follows record inflows of $1.02 billion on Monday and $523.9 million on Tuesday.

    Over the past three days, Ethereum products have attracted more than $2 billion—nearly seven times the $330.9 million added to Bitcoin ETFs over the same period.

    Wednesday’s ETH ETF inflows alone topped Bitcoin funds by more than eightfold, with BTC products taking in just $86.7 million.











    DateETHAFETHETHWCETHETHVQETHEZETETHEETHTotal
    13 Aug 2025500.9154.710.80.00.00.03.67.851.3729.1
    12 Aug 2025318.7144.90.01.84.90.00.09.344.3523.9
    11 Aug 2025639.8276.94.33.99.40.04.913.066.61,018.8
    08 Aug 2025254.7132.37.80.01.20.00.026.838.2461.0
    07 Aug 2025103.531.824.80.07.03.95.810.934.6222.3
    06 Aug 202533.40.00.00.40.00.00.010.0-8.735.1
    05 Aug 202588.80.00.03.65.20.00.0-10.9-13.473.3

    Data from Farside Investors.

    Ethereum’s rally has pushed its price up 2% in the past 24 hours to $4,775 as of early Thursday, within 4% of its November 2021 all-time high near $4,900, per CoinGecko.

    The token is up more than 60% over the past month, triggering $127.4 million in short liquidations in the past 24 hours, according to CoinGlass.

    Analyst raises price target to $7,500

    Citing surging institutional demand, favourable regulation, and upcoming network upgrades, Standard Chartered’s Geoff Kendrick lifted his year-end ETH target to $7,500 from $4,000, and his end-2028 target to $25,000 from $7,500.

    He expects Ethereum to continue outperforming Bitcoin, forecasting the ETH/BTC ratio to rise to 0.05 from the current 0.039.

    Kendrick noted that ether treasury holdings and spot ETFs have acquired 3.8% of all ETH in circulation since early June—twice the fastest pace of comparable Bitcoin accumulation.

    Ethereum has received a boost from the US GENIUS Act, passed in July, which supports mainstream stablecoin adoption.

    More than half of all stablecoins are issued on Ethereum, accounting for 40% of blockchain fees, Kendrick said.

    On the technical side, Ethereum developers are working to increase Layer 1 throughput by 10x, a move expected to support higher-value transactions and fuel the growth of Layer 2 ecosystems.

     



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