Ethereum (ETH) is again in the investors’ attention center, attracting the stunning inflow of $ 1.59 billion over the past week.
This means the second largest weekly influx in the history of Ethereum, among the growing optimism that the American regulatory authorities will soon appreciate the ETF point. In general, digital investment products of assets attracted $ 1.9 billion, which means 15 consecutive weeks of positive flows.
This raise in capital raised the price of Ethereum by 62% to USD 3,900 this month, positioning it slightly below the critical breakthrough in the amount of USD 4000.
Ethereum price trends to the upside on the daily chart, following a multi month downtrend. Source: ETHUSD on Tradingview
Meanwhile, Bitcoin NCPs He stood up to $ 175 million, signaling capital rotation from BTC to ETH and other Altcoins. Analysts indicate the adoption of genius, and the clarity of operations in the US as key factors driving this trend, increasing regulatory transparency for Altcoin investment vehicles.
Blackrock and Sharplink raise the eTHEREUM exhibition
Institutional investors double. Blackrock’s Ishares Ethereum ETF (ETHA) increased by $ 10 billion in AUM, becoming the third fastest raise in ETF around the world, while the company raised its shares of ETH to 10.47 billion dollars, with 100% of its cryptographic exhibition, Ethereum was now allocated.
At the same time mentioned in Nasdaq Gaming Sharplink Purchased 77 210 ETH worth about $ 295 million, increasing the total State Treasury to over 438,000 ETH. This single purchase exceeded the entire 30-day ETH emission on the web, emphasizing the aggressive trend of accumulation among institutions.
Technical indicators and risk remain
The Ethereum rally is additionally supported by stubborn technical signals. A “Golden Cross” pattern appeared, and MacD shows a mighty rush up, despite the purchased RSI reading of 82.07, the level often associated with the potential withdrawal of prices.
Solana and XRP also recorded revenues of $ 311 million and 189 million dollars, respectively, while Litecoin and Bitcoin Cash experienced minor drains. Meanwhile, the Ethereum activity about the chain increased by 288%, strengthening confidence in the role of the network as a leading clever contract platform and the DEFI platform.
As the adjustment momentum is built and ETF approval at your fingertips, the dominance of Ethereum in institutional portfolios signals the key moment of adopting Altcoin-although short-term variability remains a factor to watch.
Chatgpt cover picture, Ethusd Chart from TradingView
