A positive streak seized the ETF of Ethereum
Bag (ETF) funds based on ETHER (ETH), the native cryptocurrency of the Ethereum Network, are going through a moment of notable institutional interest.
Yesterday, These financial instruments registered capital tickets for 38 million dollarsconsolidating a trend that already accumulates six consecutive days of positive flows, according to data from Soso Value.
The Blackrock Assets Manager played a leading role in this streak, with its ETF ishares Ethereum Trust Capturing 32.5 million dollarsas can be seen in the following graph.
To this amount were added, to a lesser extent, the Fidelity Ethereum Fund (Feth) with 3.4 million dollars and the Vaneck Ethereum ETF (ETHV) with 2.9 million. The rest of the funds did not register or entries or outputs of net capital at the close of the day.
Since May 15, the ETF of Ethereum in the United States have maintained positive net tickets consecutivelywith the exception of Monday, May 26, when the US bags remained closed by a holiday.
This period of constant flows underlines a growing institutional appetite by Ether, the second most important cryptocurrency for market capitalization.
Negotiation volume and accumulated flows in ETF of Ethereum
The performance of these ETF is also reflected in their financial metrics. The total negotiated value reached 613 million dollars, which represents the volume of transactions made with these funds. For its part, The accumulated net flow amounts to 2.8 billion dollarsan indicator that measures the net capital inputs since the creation of the ETFs.
This behavior of ETF has a direct effect on Ether’s price. The managers of these funds must acquire and maintain ETH in their treasury to support the actions issued.
When the demand for these financial products increases, the firms go to the market to buy more ETH, What, by the law of supply and demand, promotes the price of cryptocurrency.
On the current day, ETH quote around $ 2,600, showing recovery of 88% after touching a minimum of 1,381 dollars last April.
Companies bet on accumulation strategies
Beyond the ETFs, some companies are adopting investment strategies similar to those of Strategy, known for accumulating large amounts of Bitcoin in their treasury, but with ETH
An example is BTCS Inc., an American company that is quoted in Nasdaq. On May 14, BTCS announced its plan raise up to 57.8 million dollars through promissory notes to acquire more eth and expand its Staking Operations, as reported by cryptootics.
Six days later, on May 20, he specified the purchase of 3,450 ETH at an average price of $ 2,441 per unit, according to a statement.
There is still a bullish cycle of Ethereum
Despite all these good news, analyst Michaël Van de Poppe, said that “there has not yet an important break in ETH.”
In the following graph, it is observed that ETH reached a maximum close to $ 3,800 at the end of 2024, but experienced a pronounced drop in the first months of 2025, touching a minimum of $ 1,381 in April, as previously mentioned.
They go from Poppe Identify a key resistance zone between 2,727 and $ 2,814. This area represents a critical level that ETH must exceed to confirm a stronger upward trend.
Below, it indicates a support area with a higher temporal frame between 2,314 and $ 2,410, which acted as a base during recent recovery. Among these levels, the 2,500 dollars stand out, suggesting that this level could be a turning point for future movements.
The observation of Van de Poppe about the absence of an “important breakup” suggests that, although ETH has shown a recovery, it has not yet managed to overcome the key resistance that could trigger a new bullish cycle.
