Ethereum Price Rises as Bullish Interest Surges

Ethereum's price is holding steady above $1,900 this week, with a notable uptick in bullish interest.

The influx of fresh ETF data and options positioning suggests that investors are becoming increasingly optimistic about ETH.

A total of $244.94 million flowed into Spot ETH ETFs over the past week, marking the largest weekly haul in nearly four months according to SoSoValue data.

This brings cumulative net inflows for ETH ETFs to a staggering $11.46 billion, with total value traded during the week reaching $2.38 billion.

The max pain price for the August 9, 2026 options expiry on Deribit currently sits at $1,900, which is also serving as a key support zone for ETH.