- Ethereum ETFs recorded $3.1 billion in volume, led by BlackRock, signaling strong institutional interest.
- With ETH nearing $4,000, analysts believe it could reach $5,000 in August if bullish sentiment continues.
Ethereum has captured major attention in the financial world after its spot ETFs generated an eye-popping $3.1 billion in trading volume in a single day. This surge was led by BlackRock, whose ETHA ETF contributed $2.15 billion alone. The wave of institutional interest is now shaping Ethereum’s price trajectory — with investors and analysts watching closely as the altcoin approaches key resistance levels.
Institutional Demand Is Driving the Surge
Big players like Fidelity and Grayscale are also fueling demand for Ethereum through their ETF offerings. These investment vehicles make it easier for institutions to gain exposure to ETH without directly holding crypto. The growing interest is pushing Ethereum higher, even as retail traders begin to take profits. Staking rewards and Ethereum’s foundational role in DeFi continue to attract long-term capital.
JUST IN: Spot Ethereum $ETH ETF volume surpasses $3.1 billion today
BlackRock: $2,157,790,801
Grayscale: $335,688,548
Grayscale Mini: $298,709,957
Fidelity: $257,316,182
Bitwise: $36,787,841
21Shares: $16,177,354
VanEck: $12,958,008
Franklin: $10,622,442
Invesco: $4,085,283— Watcher.Guru (@WatcherGuru) July 21, 2025
A Weakening Dollar Boosts Crypto Appeal
Uncertainty in traditional markets is making crypto look even more attractive. With the U.S. dollar under pressure — partially due to the potential resignation of Fed Chairman Jerome Powell — investors are shifting to alternatives. Ethereum and bitcoin have become popular safe-haven options, with ETH benefiting from both technological strength and passive income opportunities.
Will Ethereum Reach $5,000 in August?
Currently trading near $3,860, Ethereum is facing overbought conditions with an RSI of 88. This could lead to a short-term correction or consolidation. However, if ETH holds above the $3,650 support level and breaks the $4,000 resistance, it could rally toward its all-time high of $4,891 — and possibly hit $5,000 in August if bullish sentiment continues.
Market Sentiment Remains Strong
The Crypto Fear & Greed Index is sitting above 70, reflecting continued investor enthusiasm. With ETF inflows growing and confidence in traditional assets weakening, Ethereum appears well-positioned for further gains. The next few days will be critical as the market watches whether ETH can break above key resistance or pauses for a healthy reset.
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