Ethereum ETF Inflows Surge: Path to $4.5K ETH Rally?
Spot Ethereum ETFs saw $474.6 million in inflows over four days, fueling optimism for an ETH price rally toward $4,500.Summary
Ether (ETH) is trading around $3,310, showing an 11% year-to-date gain, driven by significant institutional buying through spot Ethereum ETFs and surging on-chain activity. US-based spot Ethereum ETFs recorded $474.6 million in inflows over four consecutive days, with Wednesday marking the largest single-day inflow of 2026 at $175.1 million. This institutional demand, averaging a net buy of 6,964 ETH daily, is crucial for a sustained price recovery.
Simultaneously, Ethereum's network activity is booming, with active addresses hitting a 28-month high of 995,779 on January 15, and daily transactions reaching a record 2.9 million on January 16. Analysts suggest that maintaining support above the $3,050-$3,170 zone keeps the bullish structure intact.
Based on technical analysis, including the breakout from a symmetrical triangle pattern, traders are targeting an ETH price of $4,500 in the coming weeks, with some projections extending toward $5,500 based on Fibonacci analysis.
(Source：Cointelegraph)