Ethereum ETF inflows have regained momentum as ETH price surges by 9% in the last 24 hours, eyeing the $3,200 resistance level. Institutional activity is also heating up, with Abraxas Capital acquiring $561 million worth of ETH in a week—a strong bullish signal. Analysts project a 20% rally to $3,200, with potential to reach $4,000.
Ethereum ETF Inflows Show Renewed Strength
Spot Ethereum ETFs recorded $13.5 million in inflows on Tuesday, led by:
- Grayscale’s Mini-Ether ETF: $7.4 million
- VanEck’s ETHV: $3.0 million
- Franlink’s EZET: $3.1 million
BlackRock recently amended its spot Ethereum ETF proposal to enable in-kind creation and redemption, streamlining capital movement between ETH and ETF shares. This SEC-reviewed update highlights growing institutional confidence in Ethereum’s ecosystem.
Institutional Demand for Ethereum Accelerates
Abraxas Capital’s aggressive ETH accumulation—242,652 ETH ($561 million) in one week—signals a market shift. On-chain data reveals the firm borrowed USDT to buy ETH at $2,460, now up 10% to $2,700. Such large-scale purchases often precede significant price rallies.
ETH Price Prediction: What’s Next?
Ethereum’s recent 9.5% surge to $2,700 coincides with:
- 19% higher trading volume ($36.75 billion)
- 14% rise in futures open interest ($32.61 billion)
Analyst Rekt Capital notes ETH has closed two key CME gaps ($2,530 and $2,630), potentially establishing a new support zone. The next target is the $2,900–$3,033 gap, with a breakout possibly propelling ETH to $3,600.
FAQ Section
1. Why are Ethereum ETF inflows significant?
ETF inflows reflect institutional demand, often driving liquidity and price stability.
2. How does in-kind creation benefit Ethereum ETFs?
It allows direct ETH/ETF share exchanges, reducing arbitrage gaps and improving market efficiency.
3. What’s driving Abraxas Capital’s ETH purchases?
Strategic positioning for anticipated price appreciation amid bullish market sentiment.
👉 Stay updated on ETH price movements
Disclaimer: This content reflects market conditions and analyst views. Conduct independent research before investing. Advertisements are labeled; sponsors do not influence our editorial process.
### Key SEO Elements:
- **Core Keywords**: Ethereum ETF, ETH price, institutional inflows, Abraxas Capital, ETH price prediction
- **Engagement**: FAQ section, anchor links, concise bullet points
- **Structure**: Multi-level headings, Markdown formatting, and data-driven insights