ETH resumes maximums of 2021 in USD $ 4,200 while ETFs of Ethereum attract millions

By Canuto

Ether’s price shoots in the midst of institutional demand. The ETFs of ETH have seen an unprecedented streak of 13 weeks of tickets that contrasts with the weakness of the ETF Bitcoin.

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Ether’s price shoots in the midst of institutional demand.
Eth takes up the USD $ 4,200 after almost 4 years, for USD $ 5,000?
Institutional demand for the second largest cryptocurrency drives the rally.
The ETF Ethereum maintain a 13 -week streak of capital tickets.

Ethereum (ETH), the second largest cryptocurrency for market capitalization, reached a price of USD $ 4,237 on Saturday morning, marking its highest level since December 2021, according to data from data from Coingcko.

Evolution in the price of ETH in the last 24 hours. Source: Coingcko

This 7.6% increase in the last 24 hours extends weekly profits to almost 20% already 50% in the last 30 days, consolidating ETH as a key actor in the current rebound in the cryptocurrency market.

The recent price increase has coincided with a renewed institutional interest in Ethereumwhich has been experiencing a huge demand among companies with ETH treasures and whose funds quoted in the stock market (ETF) in cash in the US have registered an impressive growth in recent weeks.

More than 60 companies now have a total combined in ETH valued at more than USD $ 12 billion in their corporate balances, while ETFs Ethereum They drag an unprecedented streak of 13 consecutive weeks of net capital entries. This impulse highlights the growing confidence in Ethereum as an investment asset among institutional users.

Liquidations and market rotation

ETH’s rise on USD $ 4,200 followed a technical breakdown above USD $ 4,000 on August 8, a level not seen since December 2024. According to COINDESK, The movement was accompanied by USD $ 207 million in short positions (Batter bets), which amplified the bullish impulse. The negotiation volume also shot, reaching 714,461 ETH in the maximum session of August 9, almost three times the daily average of 218,847 ETH.

Analysts like thousands Deutscher have pointed out a “On-chain wealth effect”, Where ETH profits are taking investors to rotate capital towards Altcoins more risky, which could trigger a mini bullish season for other cryptocurrencies.

However, Santiment He warned that the growing retail optimism, with an increase in mentions of terms such as “buys” and “bullish”, Could cause temporary pauses in impulse due to excess confidence.

ETF of Ethereum shine along the way

The ETF of Ethereum The counted have been a key engine behind the recent price increase. After a record of USD $ 465 million on August 4, the funds recovered quickly, registering daily tickets from August 5 to 8.

On Friday, the ETFs of Ethereum They attracted USD $ 461.21 million, contributing to a Weekly entry of USD $ 326.8 millionaccording to data from Sosovalue. This extended the streak of weekly tickets, which began in mid -May, to 13 consecutive weeks, an activity that underlines the growing institutional interest.

The total net assets of ETFs with exposure to ETH now exceed USD $ 23 billion, representing 4.7% of market capitalization of Ethereum.

In contrast, the ETFs of Bitcoin They have shown a weaker performance, with a Net Weekly entry of USD $ 246.7 million and an output of USD $ 640 million the previous week. This divergence highlights a change in the preference of investors towards Ethereumdriven by its domain in sectors such as Stablcoins and Tokenization, currently booming for the new regulations.

Technical Perspectives and Fundamentals

From a technical perspective, ETH has maintained a key support between USD $ 4,155 and $ 4,160, with a consolidation near the psychological level of USD $ 4,200, according to the analysis of COINDESK.

Michaël Van de Poppe described the movement to USD $ 4,200 as “wild”And he suggested that investing in projects within the ecosystem of Ethereum It could offer greater percentage returns if the impulse persists.

The Fundamentals of the Network Ethereum They also support optimism. The activity in the network reached a record in July, with a volume of transactions of USD $ 238 billion and more than 46 million transactions, according to data from Onthenode. The continuous adoption of layer 2 solutions as MAKE and Optimismtogether with the domain of Ethereum In decentralized finance (Defi), it reinforces its position as the main intelligent contract platform.

What follows for Ethereum?

Analysts are optimistic about ETH’s future, with projections that range from USD $ 4,500 to USD $ 15,000 by the end of 2025. Tome read Fundstrat predicts a range of USD $ 10,000 to USD $ 15,000, driven by institutional adoption and growing use of Ethereum in Stablecoins and tokenization. However, the risks persist, including possible corrections if ETH fails to overcome the resistance of USD $ 4,200– $ 4,500 and macroeconomic uncertainties, such as federal reserve policy decisions.

As Ethereum continues to overcome Bitcoin In ETF flows and market feeling, its role as a pillar of innovation Blockchain It seems more solid than ever. Investors will be attentive to whether ETH can maintain their impulse and lead the crypto market towards new maximums in the coming weeks.

ETH changes hands around $ 4,191 when publishing this article, a