Overview

• US-listed spot Ethereum ETFs recorded $729.1 million in net inflows on August 13, marking their second-largest single-day haul since launch.
• BlackRock’s ETHA led the inflows with $500.9 million while Fidelity’s FETH added $154.7 million, according to SoSoValue.
• Ethereum’s price climbed above $4,700, trading within 4% of its November 2021 all-time high near $4,900.
• Standard Chartered analyst Geoff Kendrick raised his year-end ETH target to $7,500 and his end-2028 forecast to $25,000, citing strong institutional demand.
• On-chain dynamics are tightening available supply as over 36 million ETH have been locked in staking and treasury holdings.