{"id":25386,"date":"2025-07-17T12:15:06","date_gmt":"2025-07-17T09:15:06","guid":{"rendered":"https:\/\/forklog.com\/en\/ether-tops-3400-as-spot-etf-inflows-hit-a-record\/"},"modified":"2025-07-17T12:15:06","modified_gmt":"2025-07-17T09:15:06","slug":"ether-tops-3400-as-spot-etf-inflows-hit-a-record","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ether-tops-3400-as-spot-etf-inflows-hit-a-record\/","title":{"rendered":"Ether tops $3,400 as spot ETF inflows hit a record"},"content":{"rendered":"

The price of the second-largest cryptocurrency jumped 8.9% in 24 hours to $3,452 \u2014 the highest since mid-January, according to CoinGecko<\/a>. The rally was underpinned by record inflows into spot Ethereum ETFs.<\/p>\n

\"ETHUSD_2025-07-17_11-09-48\"
Daily ETH\/USD chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

According to SoSoValue, on 16 July net inflows into nine exchange-traded funds totalled $726.74m. BlackRock\u2019s ETHA led with $499m.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Data: SoSoValue<\/a>.<\/figcaption><\/figure>\n

Since the start of July, spot ETH ETFs have attracted $2.27bn \u2014 a monthly record since launch.<\/p>\n

BTC Markets analyst Rachael Lucas says<\/a> Ethereum is increasingly being viewed as a long-term institutional asset rather than a speculative instrument. She noted that funds already hold 4% of the altcoin\u2019s total capitalisation, pointing to a rapid influx of capital from large players.<\/p>\n

LVRG Research\u2019s director of research, Nick Ruck, linked Ether\u2019s momentum to a rise in public companies investing in the cryptocurrency as a reserve asset.<\/p>\n

ConsenSys-backed SharpLink Gaming became the largest holder with ~280,600 ETH, overtaking<\/a> the Ethereum Foundation.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Largest corporate Ethereum treasuries. Data: Strategic ETH Reserve<\/a>.<\/figcaption><\/figure>\n

Other altcoins rose alongside Ethereum: XRP (+7.8%), Solana (+5.7%) and BNB (+4.2%), according to CoinGecko<\/a>. Bitcoin added 0.2% over the same period.<\/p>\n

Bitcoin\u2019s dominance index fell 2.59% over the week to 62.62%, per TradingView<\/a>. Lucas said such declines have historically presaged an \u201caltseason\u201d.<\/p>\n

Liquidation wave<\/h2>\n

Ether\u2019s rise triggered $177.67m in short liquidations, according to Coinglass<\/a>. That accounted for most of the $227.74m liquidated across the market over the past 24 hours.<\/p>\n

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Data: Coinglass.<\/figcaption><\/figure>\n

Bitcoin shorts lost only $45.33m over the same period.<\/p>\n

The altcoin\u2019s 24-hour trading volume rose<\/a> 28% to $161bn, surpassing bitcoin\u2019s<\/a> $109bn. Open interest in Ethereum derivatives increased by 7%.<\/p>\n

Perpetuals.com founder Patrick Gruhn says<\/a> the price of the second-largest cryptocurrency reacts acutely to US regulatory news. That heightens uncertainty and increases volatility. By contrast, bitcoin\u2019s situation was more clear-cut, he added.<\/p>\n

Glassnode analysts reported that Ethereum is the only top-10 non-stablecoin asset with rising daily futures volume, up 27%.<\/p>\n

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#Ethereum<\/a> stands out as the only top-10 non-stablecoin asset with rising futures volume over the past 24h (+27%). Open Interest is also up (+6%), while funding remains neutral at 0.0047% \u2014 suggesting fresh positioning, but without signs of excessive leverage. pic.twitter.com\/wKLWIXrhdu<\/a><\/p>\n

\u2014 glassnode (@glassnode) July 16, 2025<\/a><\/p><\/blockquote>\n