Spot Ethereum ETFs recorded $3.7 billion in inflows over eight consecutive days in August 2025, including a single-day peak of $639.6 million on August 14. BlackRock dominated inflows with $520 million, followed by Grayscale ($61M) and Fidelity ($57M). This surge pushed total ETF assets under management to record highs, signaling robust institutional demand.
Ethereum's price gained 28% monthly, trading near $4,415–$4,642 at press time. Technical indicators reinforced bullish momentum: the RSI avoided overbought territory, MACD showed sustained buying pressure, and widening Bollinger Bands indicated rising volatility. Analysts project $5,000 as a near-term target, with Polymarket odds at 55%, while Standard Chartered revised its year-end forecast to $7,500, citing staking yields and regulatory clarity.
Long-term optimism centers on $8,500 if Bitcoin reaches $150,000, based on historical market-cap ratios. Network upgrades improved Layer-2 scalability (Arbitrum, Optimism), reducing fees and boosting Total Value Locked. Developer activity remained high, with new DeFi tools and tokenized assets launching on Ethereum.