Ethereum's recovery accelerates thanks to record inflows into U.S. spot ETFs

Ethereum's recovery strengthened after spot ETFs on ETH in the United States recorded $547 million in net inflows in a single day, ending a negative streak of five consecutive days of outflows. Leading the day was Fidelity FETH with $202 million, followed by BlackRock ETHA with $154 million.

Currently, ETH ETFs manage about $27.5 billion, which is approximately 5.4% of the circulating market capitalization, a figure that indicates renewed institutional interest as the price has regained the psychological level of $4,000.

Smart Money accumulates Ethereum (ETH) while reserves decline

From the perspective of corporate balances, institutions continue to increase their exposure. BitMine Immersion Technologies has revealed that it holds a corporate treasury of 2.65 million ETH, the largest tracked among its peers, while Bit Digital plans to raise 100 million dollars through a convertible note to acquire additional ETH, with the possibility of climbing the rankings of the richest treasuries.

On the on-chain front, CryptoQuant data shows a decrease in reserves on exchanges, a signal consistent with the transfer of coins to custody and staking: conditions that historically reduce the circulating supply when demand increases.

Ethereum Price Predictions: targets at $4,500–5,000

From a technical standpoint, ETH has recorded an increase of about +250% from the cycle lows. Some analysts, like Ted Pillows, believe that a brief correction could set the stage for a move towards $4,500–$5,000, with the possibility of reaching $10,000 in the event of favorable macro and liquidity conditions.

In the short term, maintaining closures above $4,200–$4,250 would keep the bulls in control; otherwise, the risk is a drop towards the support area between $3,800–$3,600.

Integrations with traditional finance strengthen Ethereum

In addition to inflows and treasuries, integrations in the TradFi world are also progressing. SWIFT has tested the Layer-2 Line of Ethereum along with BNP Paribas and BNY Mellon for on-chain settlement messaging, while a broader project between SWIFT and Consensys is exploring a blockchain ledger for 24/7 cross-border payments.

If even a small part of the SWIFT volume were to move on-chain, it could become a steady engine of demand for the blockchain space and for ETH staking.

Conclusion

Record inflows into ETFs, reduced reserves on exchanges, and new projects with traditional finance strengthen the bullish outlook for Ethereum above $4,000.

• Above 4,200 dollars, the path opens towards 4,500–5,000 dollars.
• Below this level, a healthy retest in the upper range of $3,000 is likely before the next bullish leg.

For now, the evidence leans towards the bulls.