Ethereum News Today: ETF Inflows and Market Rebound Signal Bullish Momentum

Ethereum (ETH) news today highlights a 6.6% surge to $4,060, driven by renewed investor confidence and potential de-escalation in U.S.-China trade tensions. As the second-largest cryptocurrency with a $463 billion market cap, ETH’s rally aligns with broader market recovery from last week’s $19 billion liquidation cascade.

ETF Inflows and Institutional Optimism

Spot Ethereum ETFs recorded $141.6 million in inflows yesterday, ending three days of outflows, per Farside data. Fidelity’s FETH led the charge, reflecting 67% institutional bullishness per Coinbase reports. This marks the largest single-day net positive since early September, countering $310 million in weekly redemptions. The move underscores ETH’s appeal as a “late-stage bull” asset amid Federal Reserve rate cut expectations (97% odds for October).

  • Inflow Leaders: Fidelity FETH ($100M+); total $236M weekly.
  • Market Cap: $463B; 24-hour volume $43.6B.
  • Drivers: ETF momentum; 97% rate cut probability.

Technical Analysis: $3,800 Support Holds

ETH has consolidated between $3,800 and $4,172, with RSI at 41 indicating oversold conditions and MACD showing bullish divergence. The 200-day EMA at $3,800 provides key support, while $4,000 resistance looms. A breakout above $4,260 could target $4,500-$4,650, per CoinDCX. Volatility at 5.43% aligns with “Uptober” patterns, projecting a 3.17% rise to $4,041 by October 27.

Recent Developments: Fusaka Upgrade and Partnerships

Ethereum news today includes the upcoming Fusaka upgrade, slashing layer-2 fees by 8x via data blobs, boosting scalability for DeFi dApps. Partnerships like Stripe’s Tempo test Ethereum’s openness, while staking yields at 4-6% APY attract holders. The September $310 million ETF outflows reversed, with $236 million inflows signaling confidence.

Outlook: $4,000-$7,000 Consensus

Analysts predict ETH reaching $4,000-$7,000 by year-end. Changelly forecasts $4,297 average in Q4; Finder $6,100. CoinDCX eyes $4,650 short-term. Bull catalysts: Fusaka and ETF approvals; bear risks: tariffs testing $3,500.

For users, how to buy Ethereum via compliant exchanges ensures secure entry. How to sell Ethereum and how to cash out Ethereum offer liquidity. Sell Ethereum for cash and convert Ethereum to cash enable fiat conversions.

In summary, Ethereum’s ETF inflows and technical stabilization point to a bullish 2025, blending DeFi utility with institutional flows for $7,000 potential.

ETH-0.16%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)