Ethereum Rallies Past $4,500 as ETF Inflows Near $15B Mark

Spot Ethereum ETFs logged $1.3 billion of inflows this week, lifting cumulative assets to $14.42 billion.

ETH broke above resistance at $4,106, forming a bullish flag with a potential target near $5,625.

BlackRock’s ETHA leads inflows with $206.7 million, pushing its AUM to $17.8 billion.

Ethereum prices have accelerated in early October, breaking past the $4,500 level amid strong demand from exchange-traded funds. This rally coincides with renewed institutional interest flowing into spot ETH ETFs, positioning the market for further upside in the near term.

Spot Ethereum ETFs saw approximately $1.3 billion of net inflows this past week, reversing prior outflows and bringing cumulative invested capital to $14.42 billion. If this momentum continues, the $15 billion milestone could be surpassed imminently. Dominant among the funds, BlackRock’s ETHA accounted for $206.7 million of inflows, raising its assets under management to $17.8 billion, while Fidelity’s FETH holds around $3.35 billion in assets.

Source: TradingView

Consistent daily inflows earlier in the week reinforced demand, with ETHA and FETH acting as reliable engines of accumulation. This steady traction among institutional players adds weight to the rally in Ethereum prices.

Technical Setup Suggests Further Upside

On the charts, Ethereum built a classic bullish flag formation: a sharp advance followed by a brief consolidation in a descending channel. The price recently cleared a key ceiling at $4,106, the prior high from December, and now sits near the upper boundary of the flag pattern.

Analysis using the Murrey Math Line tool indicates a probable run toward $5,625 should momentum carry. The coin remains above its strong pivot reversal levels, which supports confidence in continuation toward resistance zones at $5,000 and beyond.

Momentum Supported by Market Context

Macro and sentiment dynamics have added fuel to this move. Investors are reportedly treating digital assets as a hedge amid U.S. government uncertainty, while weak labor data and rising expectations of Fed rate cuts have reinforced risk-on flows.

ETH’s rise also mirrors renewed appetite across broader crypto ETFs, with Bitcoin-linked funds simultaneously attracting billions. That synchronicity points to a coordinated rotation of capital toward digital assets.

As Ethereum trades above $4,500, market participants will watch for sustained ETF demand, clear daily closes above resistance, and continued institutional accumulation. Until overhead resistance is decisively breached, the trajectory toward $5,000 and possibly $5,625 remains plausible.

The post Ethereum Rallies Past $4,500 as ETF Inflows Near $15B Mark appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.