Ethereum price is heating up again — and the latest institutional activity suggests that the rally might just be getting started. On May 22, a whopping $110.5 million flowed into Ethereum ETFs, with Fidelity and Grayscale leading the charge. The move has reignited bullish sentiment across the market, signaling a new phase of accumulation as ETH eyes a breakout above $2,700.
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ToggleEthereum Price Eyes Breakout After Weeks of Momentum
After recovering from the March correction, Ethereum has shown steady upward momentum throughout May. As of today, ETH is trading around $2,659, showing resilience and strength after testing the $2,700 resistance zone.
Source: Tradingview
The daily chart reveals higher lows and consistent volume increases — often a precursor to a major breakout. If bulls manage to flip $2,700 into support, the next leg could push Ethereum toward $3,000 or higher in the short term.
$110M Inflow: Institutional Interest Hits Hard
The real story, however, lies beneath the surface. Data from Farside Investors shows that on May 22 alone, Ethereum ETFs saw $110.5 million in net inflows. Here’s how the top institutions contributed:
- Fidelity: +$42.2M
- Grayscale: +$18.9M
- VanEck: +$43.7M
- Bitwise: +$5.7M
Source: Farside Investors
This coordinated accumulation is one of the largest single-day ETH ETF inflows of 2025 so far. Notably, these inflows follow weeks of mixed sentiment and capital rotation toward Bitcoin. But with BlackRock also entering the Ethereum ETF market, investor appetite is clearly shifting.
Why This Matters: Ethereum Could Be Next
In recent weeks, Bitcoin has dominated headlines with its explosive move past $112,000. But this level of institutional buying in ETH suggests that Ethereum may now be preparing to follow a similar path.
Unlike previous cycles, where altcoin rallies trailed months behind Bitcoin, the 2025 narrative is different. Ethereum ETFs are gaining traction faster than expected, and the renewed interest in ETH staking, Layer-2 scaling, and real-world asset tokenization is adding fuel to the fire.
Final Thoughts
The Ethereum price is sitting at a pivotal level — and institutions aren’t waiting. With $110M in fresh ETF inflows in a single day and strong technical positioning, ETH looks poised to break higher.
If Ethereum reclaims $2,700 with volume, all eyes will turn to $3,000 and beyond.