Ethereum ETF Inflows Hit Record High as Price Targets $3,500

Ethereum is showing renewed bullish momentum after breaking out of its previous range, according to prominent cryptocurrency analyst Michael van de Poppe. The Ethereum network currently trades at $2,455.44 and has a market capitalization of $296.33 billion, with a 24-hour trading volume of $5.96 billion.

The surge in institutional demand is attributed to significant ETF inflows, which reached $824.42 million, marking the highest level since October 2025. This increase in capital reflects heightened interest from traditional investors and strengthens prospects for broader market acceptance.

Analysts believe that sustained buyer activity at current levels could send Ethereum toward the $3,200 mark before targeting $3,500, as projected by Michael van de Poppe. However, traders are cautioned against exiting positions too early, given the present positive outlook for Ethereum.