Ethereum ETFs See Soaring Inflows: Is ETH Primed for a Breakout?

Ethereum spot ETFs have had substantial net inflows over the last week; Glassnode reports roughly 106,000 ETH (about $258 6 million) by July 2, 2025; other data show around 76,892 ETH ($194 54 million) across all listed ETFs. These inflows—including a significant $92. 03 million into Fidelity's FETH, marking seven consecutive weeks of institutional demand, with the largest single-day inflow of $148. 57 million on July 3, and BlackRock led on July 4 with 32,987 ETH. Although ETH's price remained rather steady between $2,400 and $2,630 during the week, this consistent trend indicates renewed institutional trust in Ethereum.

ETHUSD showed a minor sell-off after hitting a high of $2605 yesterday. It hit a low of $2475 and is currently trading around $2555.88.

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.