In a week that is firmly defined by soaring institutional confidence, the Ethereum price continues to dominate headlines all over the internet.
Ethereum price today is exchanging hands at $3888 with $468 Billion market cap, it spiked over 10% in mere 4-days.
This spike occurred as it marked the second-highest weekly inflow of $1.846 billion on record in the ETH ETF. This is raising the odds of propelling ETH to the $4,000 mark before July ends.
ETF Inflows Signal Strong Institutional Demand
According to on-chain and ETF activity data revealed by Ted Pillows, Ethereum ETF inflows have revealed a significant uptrend throughout July.
The fourth week of the month saw consistent daily inflows that have crossed the $200 million mark every day. The highest single-day inflow came on July 22, reaching $533.8 million, followed closely by $452.8 million on July 25.
Among the nine Ethereum ETFs currently trading, BlackRock, Fidelity, and Grayscale led the charge in institutional accumulation.
The magnificent $1.846 billion in weekly inflows represents a dramatic rise compared to early July, showing that market confidence in Ethereum as an investable asset is not just growing but it’s accelerating hard.
This large influx of capital has firmly correlated with a recent strong Ethereum price rally across July and even in the latest week. Now, it is raising optimism that the final week could muster a move toward the much-anticipated $4,000 price for the first time this year.
Ethereum Price Action Aligns With Market Rotation
Beyond just raw ETF numbers, broader crypto market dynamics are also working in Ethereum crypto’s favor. Technical patterns shared by Titan of Crypto indicate that Bitcoin crypto’s market dominance is weakening after rejecting from a monthly symmetrical triangle’s upper border.
This shift signals that capital might be rotating into altcoins, with Ethereum naturally leading the charge.
Ethereum price today reflects this trend, gaining market share and momentum. This potential altseason scenario strengthens the Ethereum price forecast, suggesting a larger breakout may be underway, which is not just beneficial for ETH but for the broader altcoin sector.
Community reactions reinforce this outlook. One user summed up sentiment by saying, “With that kind of inflow, $4K isn’t a moonshot, it’s a pit stop.” Ted Pillows agreed, replying, “This is just the start.”
Others echoed similar sentiments, underscoring that the ETF interest is not only sustaining price but potentially igniting a broader bull cycle.
In the latest Ted Pillows’ X thread, he has responded to an cautious optimism in the comments, he acknowledged that while momentum is on ETH’s side, key resistance levels still matter.
Yet, he reinforced his belief that the Ethereum price chart reflects enough strength to push toward $4,000 in Ethereum price USD.
In agreement, community members pointed to the role of institutional demand and the strategic positioning of Ethereum ETFs as powerful catalysts.
One supporter noted, “ETH leads, alts follow,” to which Ted responded affirmatively, emphasizing ETH’s role as the frontrunner of any coming rally.
