Ethereum Soars Past $1,900 as Spot ETF Inflows Fuel Recovery
Ethereum ended July with a strong 20.3% gain, its largest monthly advance in a year, thanks to Spot ETF inflows that lifted ETH toward the $2,000 resistance level.
The rebound largely erased June's 21.8% decline and followed a challenging first half of 2026, during which Ethereum fell from about $2,445 in January to $1,472 in April due to recession concerns and changes in liquid supply.
Buyers defended the April low and kept ETH between $1,500 and $2,000 during May and June. Spot Ethereum ETFs recorded net inflows on most trading days in July, with daily net inflows reaching $13.29 million by month-end. The total assets held by these ETFs were worth about $10.52 billion.
Ethereum now faces resistance between $1,900 and $2,000. A daily close above $2,000 could expose the $2,180 and $2,500 supply zone, while rejection could return price toward $1,500 or $1,000.