Crypto
Ethereum Surges on ETF Inflows and Technical Breakout
Ethereum's price has seen a significant surge over the last 40 hours, driven by a combination of factors rather than a single event.
Sustained inflows into U.S. spot Ethereum ETFs have provided consistent buy pressure. BlackRock's iShares Ethereum Trust (ETHA) alone recorded approximately $1.02 billion in inflows over nine consecutive sessions from 17 to 27 August 2026, accounting for about 72% of all ETH ETF inflows in that period.
Total August inflows reached around $1.85 billion, flipping 2026 net flows positive and pushing cumulative inflows above $13 billion. This steady demand has contributed to the gradual 40-hour price climb.