Ethereum Surges Past $3200 on Explosive ETF Inflows: Institutional Wave Propels ETH Toward $3600+ Targets

ETHUSD holds above $3200 following the footsteps of Bitcoin. It hits an intraday high of $3264 and is currently trading $3243.

Following late-2025 weakness, US spot Ethereum ETFs staged a great comeback early in January 2026, registering strong net positive inflows of $165.45 million poured in on January 5 led by BlackRock's ETHA ($100.23 million), followed by Grayscale ETH Mini ($22.34 million), Fidelity FETH ($21.83 million), and Bitwise ETHW ($19.73 million). Starting on January 2 with roughly $174.5 million, the momentum quickly moved trading for the first week to be substantially positive and drove total January inflows towards an estimated $500–600 million by January 6. Driven mostly by BlackRock outflows balanced by Grayscale additions, this recovery stands in stark contrast with the previous week's $161 million net outflow Dec 29–Jan 2. Total assets managed for Ethereum ETFs currently stand at roughly $19.05 billion—or about 5.06% of ETH's market cap—with past cumulative inflows topping $12.5 billion. Supporting analyst optimism for $7,000–$9,000 targets in 2026 as institutional demand strengthens in tandem with Bitcoin ETF flows exceeding $1.16 billion, the fresh capital has driven Ether's ascent toward $3,200–$3,300.

Oscillators and moving averages to forecast the trend of ETHUSD

CMP- $3242

EMA (4-hour chart)

55-EMA- $3083

200-EMA- $3058

365-EMA- $3173. The pair trades above short and below long term moving average.

Major Support - $2900. Any breach below $2900 will drag the pair down to $2600/$2500/$2300/$2000.

Major Resistance - $3300.  Any break above $3300 confirms minor bullishness, a jump to $3458/$3565/$3700/$4000.

Indicators (4-hour chart)

CCI(50)- Bullish

ADX-  Bullish

5. Investment Strategy for ETHUSD

It is good to buy on dips around $3000 with a stop loss around $2770 for target profits of $3540/$3600.