Ethereum Breaks $2,637 High as ETF Inflows Hit $194M in 7 Days

Ethereum spot ETFs have shown strong and consistent net inflows over the last ten days, which suggests great institutional and retail demand in spite of rather steady ETH values. With substantial contributions from major institutional players such as BlackRock and Fidelity, this is the eighth straight week of positive net flows for these ETFs. For example, whereas July 7, 2025, alone saw $61. 26 million in net inflows, mostly driven by BlackRock's ETHA and Fidelity's FETH, the week concluding July 5, 2025, saw a net inflow of 61,000 ETH, or roughly $157. 3 million. The trend continued with a 7-day total net inflow of 76,892 ETH (about $194 54 million), underlining a consistent and rising demand for Ethereum exposure through controlled ETF offerings.

ETHUSD breaks the previous week's high $2637 after a long consolidation. It hits an intraday high of $2647 and is currently trading around $2619.

Overall trend remains bullish as long as support $2000 remains intact. Watch out for $2650, any break above targets $2681/$2720/$2770/$2880/$3000/$3400/$3600/$3800/$4000. A robust bullish trend will only materialize above $4100.

Immediate support is around $2475. Any violation below will drag the price down to $2435/$2374/$2000/$1750/$1675/$1620/$1500/$1200/$1000. A breach below $1000 could see Ethereum plummet to $800/$500.

It is good to buy on dips around $2500 with SL around $2300 for a TP of $3000/$4000.