Daily Wrap-Up
Record-breaking day for Ethereum ETFs as $125 million is poured in, marking a high point in the past 4 months.
ETH exchange-traded funds raked in a whopping $125 million on Tuesday, marking their best day since early February, as per CoinGlass data. The surge tops the chart with BlackRock's iShares Ethereum Trust ETF (ETHA) leading the pack with an impressive $80 million inflow.
The price hike coincides with Ethereum surpassing the $2,800 price mark for the first time in close to four months. Just a glimpse at the crypto market paint a picture of a booming ETH market, with the asset changing hands at around $2,853, recording a 4.8% rise over the previous day. CoinGecko, a popular crypto data provider, announced these numbers.
In these uncertain times marked by Trump's trade war, Bitcoin has hit new highs, but Ethereum has remained far from its 2021 peak of nearly $4,900. Analysts attribute Ethereum's rise to comments made by SEC Chair Paul Atkins on Monday. During a roundtable discussion on DeFi, Atkins hinted at "innovation relief" for entities engaged in the burgeoning subsector, and shared other steps the agency is taking to facilitate the emergent crypto sector.
Over the past 11 days, Ethereum ETFs have accumulated a grand total of $745 million. Since their debut in July last year, they have amassednet inflows of around $3.5 billion. The recent inflows, particularly the $125 million on Tuesday, are worth noting because they represent renewed confidence among large players, especially given Ethereum's relatively smaller institutional base, as pointed out by Valentin Fournier, lead research analyst at BRN.
Vitalik Buterin, Ethereum's co-founder, recently made predictions about Ethereum's potential to process transactions improving tenfold over the next year. Buterin advocates for scaling solutions that address congestion issues noted during the pandemic-era crypto boom, rather than solely relying on layer-2 networks.
While a $125 million inflow and a price surge past $2,800 weren't specifically mentioned in recent search results, trends such as sustained institutional interest, a bullish outlook in the options market, and consistent inflows over the past few weeks have contributed to Ethereum's price stability.
Edited by James Rubin
Bonus Insights
Ethereum's recent rise can also be attributed to the following factors:
- Significant Inflows in Recent Weeks: Over the past few weeks, Ethereum ETFs have seen substantial net inflows, such as approximately $240 million on June 11, 2025. These inflows indicate growing institutional interest and confidence in Ethereum.
- Bullish Sentiment in Options Market: Traders have been purchasing more short-term call options, reflecting a bullish outlook on Ethereum's price movements.
- Accumulation by Large Investors: Whales and sharks, large investors recognized for holding a significant portion of a crypto asset's supply, have been accumulating Ethereum, adding 1.49 million coins over the past 30 days. This accumulation can support market confidence and price stability.
- Stabilization and Reallocation: Although there was a first net outflow of $2.18 million on June 13, 2025, following a 19-day inflow streak, this event might suggest a stabilization or reallocation of assets rather than a decline in confidence.
- The boom in the Ethereum market is evident as Ethereum-based exchange-traded funds (ETFs) accumulated a total of $745 million over the past 11 days, with a significant $125 million inflow on Tuesday.
- The price surge of Ethereum (ETH) has taken it past the $2,800 mark for the first time in close to four months, further boosting the ETH market.
- The renewed confidence among large players in Ethereum is apparent as they continue to invest in Ethereum tokens, despite it remaining far from its 2021 peak.
- The SEC Chair Paul Atkins' comments on DeFi, hinting at 'innovation relief' for entities engaged in the burgeoning subsector, have played a role in Ethereum's rise.
- Vitalik Buterin, Ethereum's co-founder, predicts that Ethereum's potential to process transactions could improve tenfold over the next year.
- The bullish outlook in the options market, as traders purchase more short-term call options, and the accumulation by large investors, have contributed to Ethereum's price stability.
- The recent search results maynot have specifically mentioned a $125 million inflow and a price surge past $2,800, but trends such as sustained institutional interest, a bullish outlook in the options market, and consistent inflows over the past few weeks have supported Ethereum's price stability. This trend is in line with the growing interest in Decentralized Finance (DeFi) and the broader cryptocurrency sector driven by advancements in technology.
