Ethereum price prediction – Can ETH reclaim $2K as
Ethereum [ETH] traded around $1,865 at press time, consolidating after recovering sharply from its June lows. The asset has continued to build higher highs and higher lows throughout July, keeping traders focused on whether it can reclaim the key $2,000 level.
Supporting that recovery, U.S. spot Ethereum ETFs posted a second consecutive week of net inflows, signaling renewed institutional demand after several weeks of persistent outflows.
Ethereum ETFs record second straight week of inflows
The back-to-back inflows marked a notable shift after five consecutive weeks of net outflows between mid-May and late June.
Meanwhile, cumulative net inflows climbed to $11.08 billion, while total ETF assets reached $9.97 billion, leaving the sector just shy of the $10 billion milestone.
BlackRock’s ETHA remained the largest contributor to institutional demand. The fund recorded $31.68 million in daily inflows on July 17 and managed $5.22 billion in net assets, accounting for more than half of the U.S. spot Ethereum ETF market.
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