According to the latest data, the Ethereum ETF saw inflows of over 4 billion USD in August, far surpassing the outflows of the Bitcoin ETF. This trend reflects a growing interest from institutional investors in Ethereum. BlackRock’s iShares Ethereum Trust Fund (ETHA) attracted over 1.2 billion USD in inflows in August, becoming the leader in the market.
Despite a short-term correction in ETH prices at the end of August, the overall price remains high. The ETH price broke through the historical high of 4950 USD at the beginning of August, followed by a correction, and is currently around 4385 USD. Analysts believe that the short-term price fluctuations do not affect the long-term upward trend of ETH.
In addition to ETF inflows, institutional investors’ interest in ETH is also increasing. According to data, corporate Ethereum reserves grew from $2.3 billion in early June to $19.1 billion by the end of August, indicating institutions’ long-term holding intentions for ETH.
Analysts predict that the ETH price may face some pressure in the short term, but the long-term outlook remains positive. It is expected that the ETH price may break through $5100 before the end of the year, and it may even challenge the high of $7000.
The inflow of funds into Ethereum ETF has surpassed $4 billion, indicating a high level of recognition of ETH by institutional investors. Although the ETH price has experienced a pullback in the short term, the long-term outlook remains optimistic. Investors should pay attention to market dynamics and allocate assets wisely to seize future investment opportunities in ETH.