- •The US Spot Ethereum ETF collectively recorded $547 million in net inflows, signaling a strong reversal in sentiment.
- •BlackRock accumulates an additional $154.2M worth of ETH.
- •Despite the positive developments, an analyst has highlighted a bearish technical setup that could cause Ethereum price to drop to $2,400.
Spot Ethereum ETF are witnessing their strongest inflows in weeks after recording total daily inflows of $547 million.
The latest push was led by BlackRock, accumulating an additional $154.2 million worth of ETH. Meanwhile, it has also fueled optimism over a potential rally in Ethereum price.
Total Daily Ethereum ETF Inflows Hit $547M
The US Spot Ethereum ETF, which had faced five consecutive days of outflows, turned positive again on Monday, according to Farside Investors’ data.
The nine funds collectively recorded $546.9 million in net inflows, signaling a strong reversal in sentiment.
Fidelity’s Ethereum Fund (FETH) took the lead, attracting $202 million in a single session.
Close behind was BlackRock’s iShares Ethereum Trust (ETHA), which added $154.2 million.
Analysts remarked that such sizable allocations reflect renewed confidence among institutional investors.
With this rebound, total net assets under management across Ethereum ETF have climbed to $27.5 billion.
That figure represents roughly 5.4 % of Ethereum’s circulating market capitalization, underscoring the growing footprint of these investment products in the broader market.
What’s Next for ETH Price amid Positive Ethereum ETF Fund Flow
Amid the rebound in Ethereum ETF flow, analysts have shared their outlook on Ethereum price.
An analysis by YourFriendSommi indicates the possibility for ETH price to enter the $4,900–$5,000 level soon.
His strategy outlines a calculated entry between $4,100 and $3,900, with room to average down into the $3,500–$3,400 zone if further weakness develops.
To safeguard against deeper losses, he placed a strict stop-loss at a daily close below $3,200, a level that would signal a breakdown in momentum.
From there, the upside potential grows increasingly compelling. The first milestone sits at $4,900–$5,000, an area that aligns closely with Ethereum’s historic resistance zone.
Should momentum sustain, the roadmap extends toward $5,900–$6,000, before stretching higher into $6,900–$7,000.
Beyond that, successive profit targets lie at $7,900–$8,000 and eventually $9,000–$10,000, marking an ambitious vision for ETH’s next growth cycle.
However, despite the optimism over Ethereum ETF fund flow, a recent analysis has weighed on traders’ sentiment.
Expert analyst Ali_charts has highlighted a bearish technical setup that could have Ethereum drop to $2,400.
His chart outlines a clear rejection at the $4,700 resistance level, a price zone that has historically acted as a ceiling during previous cycles.
Each time ETH reached into this band, sellers overwhelmed buyers, triggering significant corrections.
The projected path suggests that the recent rejection could spark a cascade lower, with initial pressure building toward the $3,700–$3,300 range.
If support fails to hold there, the decline may deepen toward the $2,400 mark, a level that aligns with past accumulation zones and long‑term structural support.
BlackRock Bets Heavy on Ethereum
The Ethereum ETF fund flow was led by BlackRock. It indicates a regaining of institutional confidence in the asset after a volatile month.
The world’s largest asset management firm, BlackRock, has expanded its exposure to Ethereum with a purchase worth $154.2 million, according to newly surfaced on‑chain insights.
Whale Insider spotlighted the transaction earlier in the day, drawing swift attention across the market.
Blockchain tracking platform Arkham Intelligence later confirmed the transactions, noting that they were linked directly to wallet addresses tied to BlackRock’s Ethereum ETF.
According to the on‑chain insights platform, BlackRock’s wallets connected to its ETHA Ethereum ETF recorded fresh inflows from Coinbase Prime over the past 24 hours.
The tracker revealed that the cumulative value of these Ethereum transfers exceeded $154 million, highlighting the scale of the firm’s latest allocation.
The movements were split into smaller batches, but together they confirmed a significant accumulation.
This marks one of BlackRock’s largest Ethereum purchases in recent weeks. Analysts noted that the activity reinforces the firm’s active stance in digital assets, particularly as institutional flows into Ethereum continue to gain traction.
The tracker also detected minor Bitcoin activity tied to BlackRock’s IBIT ETF wallets. However, these were negligible amounts, just a few dollars, likely serving as test transactions or routine operational transfers.
BlackRock to Make Adjustments to Its Bitcoin and Ethereum ETF
Meanwhile, BlackRock is in the process of making amendments to its iShares Bitcoin ETF (IBIT) and iShares Ethereum ETF, according to a filing submitted to the U.S. SEC on September 29.
The document outlined that the asset manager is preparing structural changes to both products, signaling its intent to refine how the funds operate within the growing digital asset market.
Nasdaq proposed amendments to the iShares Bitcoin Trust and the iShares Ethereum Trust that would bring both IBIT and ETHA under its generic listing standards.
If the change is approved, the two ETFs would no longer rely on the specific conditions outlined in their original filings.
Instead, they would operate fully within the framework of Nasdaq’s broader listing rules, aligning them more closely with other exchange‑traded funds on the market.
The exchange also asked the SEC to waive the five‑day prior notice period required under Rule 19b‑4(f)(6)(iii).
Although the amendments became effective upon filing, Nasdaq specified that the proposed changes are scheduled to take effect in the first quarter of 2026.