Ethereum ETFs See $523.9M Inflows After Record-Breaking Day

Highlights:

• US spot Ethereum ETFs see $523.9M inflows after Monday’s $1.02B record.
• Ethereum nears record high at $4,667, up 30% in the past week.
• Analysts predict ETH could hit $8.6K if Bitcoin reaches $150K.

US spot Ethereum exchange-traded funds (ETFs) brought in another $523.9 million in net inflows on Tuesday. This came right after Monday’s record-breaking $1.02 billion, showing continued strong investor interest. Data from SoSoValue BlackRock’s iShares Ethereum Trust ETF (ETHA) led the group with $318.67 million coming in. Fidelity Ethereum Fund (FETH) followed with $144.9 million in inflows, and Grayscale Ethereum Mini Trust ETF (ETH) added $44.25 million.

This marks the sixth day in a row of positive inflows for ether funds, with a total of $2.33 billion added during this period. Spot ETH ETFs now hold $27.6 billion in net assets, which is about 4.8% of Ethereum’s overall market value.

Nate Geraci, President of NovaDius Wealth, said the recent inflows into ether ETFs show a “notable shift” from the bitcoin ETFs that led the market last year and earlier this year. On Tuesday, spot BTC ETFs saw comparatively smaller net inflows of $65.9 million.

Another half bil into spot eth ETFs…

5th best day since launch.

Now $2.3bil over past 5 trading days.

Since beginning of July, spot eth ETFs have taken in nearly $1.5bil more than spot btc ETFs.

Notable shift.

— Nate Geraci (@NateGeraci) August 13, 2025

Ethereum Eyes $8.5K Target If BTC Hits $150K, Expert Says

Geraci suggested that spot ETH ETFs may have been largely underestimated at first because many traditional finance investors did not fully understand Ethereum. He noted that investors are now hearing it described as the “backbone of future financial markets,” which appears to be resonating.

Ether’s price has also climbed sharply, rising 8% in the past day to $4,631, moving close to its record high of $4,878.26 from November 2021. Ethereum has surged nearly 28% in the past week. Trader Yashasedu believes it could be gearing up for a major rally. Past bull runs saw ETH’s market cap reach 30–35% of Bitcoin’s value, and similar signs are appearing now.

If ETH returns to 30% of BTC’s market cap, it could reach $5,840, and at 35%, it may hit $6,800. In a stronger scenario, if Bitcoin climbs to $150,000, ETH could rise to about $8,656, setting a new all-time high. A major reason for optimism is the growing strength of Ethereum’s ecosystem. The total value locked (TVL) on Ethereum has crossed $90 billion, the highest level since 2022. This shows renewed activity on the network. Yashasedu expects Ether’s price to keep climbing until it reaches its all-time high.

In major bull runs, $ETH typically hits 30-35% of Bitcoin's mcap.

2017: ~35%
2021: ~36%

We're seeing similar setup now👇

> TVL on @ethereum crossed $90B after 2022
> Institutions buy billions of dollars worth of $ETH
> Billions of dollars of ETF inflow
> Stocks transitioning… pic.twitter.com/xuaCOAfw9P

— YashasEdu (@YashasEdu) August 10, 2025

MN Trading Capital’s Michaël van de Poppe shares the same outlook, noting a new peak could be followed by a consolidation phase.

$ETH has surged more than 100% in less than two months.

This move is comparable to the $BTC ETF launch, when #Bitcoin continued to rally upwards.

We'll likely see a new ATH for $ETH and then some consolidation.

There's way more to come for this cycle. pic.twitter.com/Ah4hZkPecK

— Michaël van de Poppe (@CryptoMichNL) August 12, 2025

Institutional interest is also increasing, with large investors accumulating billions of dollars’ worth of ETH. Recently, blockchain company BitMine Immersion Technologies announced plans to raise $20 billion for Ethereum purchases.

Big Buyers Scoop Up Ether as Retail Doubts Rally

Santiment observed that many retail traders doubt Ether’s recent rally, selling their coins as larger investors step in to buy. The platform noted Ether currently faces “very little sentiment resistance,” as prices often move opposite to retail expectations. When traders become too bullish, it can signal market greed, which has often been followed by sharp declines. “With key stakeholders accumulating loose coins that small ETH traders are willing to part with right now, prices are showing very little sentiment resistance from breaking through and making history in the near future,” Santiment said.

🫢 Ethereum is now within 6.4% of its $4,891 all-time high from November 16, 2021. There have been consistent sell-offs from retail traders as crypto's #2 market cap has made this historic rally.

Prices historically move the opposite direction of retail traders' expectations.… pic.twitter.com/241va9Jc5L

— Santiment (@santimentfeed) August 12, 2025