Ethereum ETFs Inflow Hit Two-Month High Amid ETH Price Rally

Jimmy Aki
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Ethereum exchange-traded funds (ETFs) in the U.S. recorded their largest daily inflows since February, with $38.8 million pouring in on April 22. This increase coincided with an over 10% rally in Ethereum’s price, which climbed back above $1,700 for the first time in over two weeks.

Regulatory Shifts and Institutional Flows Spark Crypto ETF Turnaround

According to data from Farside, the latest Ethereum ETFs inflow came from Fidelity’s FETH, which attracted $32.65 million, and Bitwise’s ETHW, which brought in $6.1 million. The other seven Ethereum ETFs saw no movement that day.

Nevertheless, the recent uptick is notable as it breaks a 10-day streak of either zero or negative flows and marks the strongest daily intake since February 4.

The timing is key, as the new inflows came just as the ETH price rebounded sharply, jumping over 10% and reclaiming the $1,700 level for the first time since early April.

Since their launch, Ethereum ETFs have now pulled in about $2.27 billion.

Meanwhile, Farside data also revealed that Bitcoin ETFs saw a reversal in fortunes.

After more than $1 billion in outflows since the start of April, these funds posted inflows of $381.3 million and $912.7 million on April 21 and April 22, respectively.

Since launch, Bitcoin ETFs have accumulated around $36.7 billion. Similar to ETH, BTC’s price has surged to 93,878 after a 6% surge in the past 24 hours.

This renewed appetite for both Ethereum and Bitcoin ETFs is closely linked to a shift in the regulatory sector.

Paul Atkins, newly confirmed as chair of the Securities and Exchange Commission (SEC), has made it clear that building a strong regulatory framework for digital assets is his top priority.

His appointment has been seen as a green light by many in the industry, suggesting that clearer rules and friendlier oversight may be on the way.

Another factor helping to calm the market is a cooling of the U.S.-China trade tariff tensions.

U.S. Treasury Secretary Scott Bessent recently expressed optimism that a deal is possible with China, which has helped ease fears and bring stability back to crypto markets.

ETH Price Outlook Brightens Amid Upgrades and Industry Growth

Ethereum currently trades at $1,790 after briefly touching $1,800 in early trading today. This marks a massive turnaround, considering the ETH price has fallen more than 40% since the start of the year.

Now, with renewed inflows into Ethereum ETFs and the ETH price staging a recovery, analysts are starting to see signs of a broader rebound.

Market analyst Ash Crypto recently pointed out that ETH is about to explode. His projection was based on the ETH market’s setup, similar to what Bitcoin experienced in late 2024.

It can be recalled that in this period, there was consolidation, and a sharp breakout followed negative sentiment as institutional inflows returned and regulatory clarity improved.

For Ethereum, combining a friendlier SEC stance with easing trade tensions creates a supportive environment, similar to what fueled Bitcoin’s previous rally.

There’s more happening beneath the surface, too. Ethereum developers have confirmed that the highly anticipated Pectra upgrade will launch on May 7, 2025.

This upgrade, built around 11 Ethereum Improvement Proposals, aims to boost wallet functionality, staking, and scalability, which could further improve the network’s appeal and utility.

These technical and ecosystem developments are adding to the bullish case for ETH price and continuous inflows to its ETFs.

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.