- Ethereum ETFs recorded their first weekly net inflows since February, fueled by renewed institutional interest and optimism over a softer regulatory approach under new SEC Chair Paul Atkins.
- Ethereum is now battling to break above the critical $1,800 resistance, with a potential rally toward $2,100 if momentum continues.
Ethereum (ETH) is back in the spotlight after a major milestone: US spot Ethereum ETFs posted their first weekly net inflows since February, totaling an impressive $157.1 million. Friday alone saw $104.1 million in inflows — the highest daily tally since early February — fueled mainly by Fidelity’s FETH, BlackRock’s ETHA, and Grayscale’s ETH products.
This surge in institutional interest comes in the wake of two critical developments: President Trump’s softened stance on China tariffs and Paul Atkins’ appointment as the new SEC Chair. Atkins’ pro-crypto history has investors optimistic about a lighter regulatory approach, particularly as the SEC mulls over staking permissions for ETH ETF issuers like Fidelity, Grayscale, 21Shares, and Bitwise.
Ethereum Price Eyes Breakout Above $1,800
Ethereum’s price action mirrors the renewed optimism. After recovering the $1,800 level on Saturday, ETH is battling a critical resistance zone around the 50-day Simple Moving Average (SMA) and the upper boundary of a descending channel. However, recent candlestick patterns near $1,800 show clear indecision, suggesting a fierce battle between bulls and bears.
Coinglass data reveals $45.18 million in Ethereum futures liquidations over the past 24 hours, highlighting the heightened volatility. Notably, the Awesome Oscillator (AO) and the Relative Strength Index (RSI) have both climbed above neutral territory for the first time in 2025, signaling growing bullish momentum.
If ETH secures a firm daily close above $1,800 and the 50-day SMA, a rally toward $2,100 could quickly materialize. Conversely, failure to hold above $1,688 support could push ETH back toward a descending trendline dating back to late March.
Outlook: Institutions Could Fuel ETH’s Next Big Rally
With institutional inflows rising and ETF staking approval potentially on the horizon, Ethereum could be on the cusp of a major recovery. While short-term pullbacks remain possible — especially given the overbought Stochastic Oscillator — the broader trend appears to favor ETH bulls heading into the coming weeks.
