- Ethereum sustains bullish momentum with reduced reliance on ETF inflows.
- Large institutional bids and spot premiums back Bitcoin price stability.
Ethereum ETFs are recording moderate inflows in the U.S. market, while Bitcoin ETFs posted a much larger daily gain. Data from SpotOnChain on May 28, 2025, reported a total inflow of $432.7 million into Bitcoin ETFs on May 28.
This figure was driven mainly by BlackRock’s IBIT, which alone accounted for $481 million in inflows. Despite this, several ETFs such as Bitwise, VanEck, and Valkyrie recorded no inflows. Fidelity’s FBTC and ARK 21Shares (ARKB) ETFs posted outflows of $14 million and $34.3 million, respectively.
In contrast, Ethereum ETFs received a combined $84.9 million in inflows. BlackRock’s ETHA led the way with $52.7 million, followed by Fidelity’s FETH at $25.7 million. Minor additions came from Grayscale Mini (ETH) and Invesco’s QETH, with $4.9 million and $1.6 million, respectively. ARK 21Shares, Bitwise, VanEck, Franklin, and Grayscale reported no net inflows for their ETH ETFs.
ETH Holds Price Near Resistance Despite Smaller ETF Inflows
Crypto analyst Daan Crypto Trades noted that Ethereum maintains a steady spot premium, even with lower ETF participation. He explained that due to ETH’s smaller market cap compared to BTC, it needs fewer ETF inflows to retain price strength. On the 4-hour chart, ETH traded close to $2,730 and approached a resistance level at $2,800.
The analyst emphasized that ETH’s ongoing trend is supported by strong spot demand, even without aggressive institutional backing. While the $2,800 level remains a key barrier, the steady premium indicates confidence from market participants.
A clear break above this point could open the door to higher targets. However, Daan noted that failure to break resistance may lead to sideways movement or brief pullbacks.
Bitcoin also showed a consistent spot premium during its current consolidation. Daan highlighted that BTC was trading at nearly $108,000 with firm support from institutional buying.
Corporate investors, including Michael Saylor and ETF sponsors, continue placing large bids, stabilizing the market. Lower funding rates further reduce the risk of long positions closing prematurely, keeping BTC steady despite muted momentum.
Ethereum Price Recovers Sharply from April Lows as Bulls Eye Breakout
Ethereum is currently climbing from under $1,600 in April to around $2,715. The rally marks a strong recovery after ETH fell to lows of $1,300 earlier in the year, following a peak of nearly $4,200 in late 2024. Trading volume rose during key moves, confirming investor participation and interest.
The price now approaches a critical resistance near $2,800. According to technical indicators, this level has halted previous attempts at further gains.
The recent uptrend reflects renewed bullish sentiment, driven by improved market structure and ETF support, even if relatively modest. Analysts caution that failure to breach resistance may lead to consolidation.
However, sustained volume and positive sentiment could allow ETH to revisit higher price ranges if the resistance is overcome. The market remains watchful as traders assess whether ETH can close above the $2,800 mark in the coming days.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
