U.S.-based Ethereum exchange-traded funds (ETFs) continue to attract strong institutional demand. On August 14, Ethereum ETFs recorded $639.6 million in inflows, according to data from SoSoValue. This marked the eighth consecutive day of positive inflows, lifting the eight-day total to $3.7 billion. Market participants are now eyeing the $5,000 mark for ETH, with betting markets assigning high probabilities to the milestone.

Ethereum ETFs Record $639.6 Million in Daily Inflows

BlackRock accounted for the largest share of inflows on August 14, bringing in approximately $520 million. Grayscale and Fidelity followed with $61 million and $57 million, respectively. Invesco Galaxy also participated, though with a smaller $2.3 million inflow. The remaining five ETF issuers recorded no new activity for the day.

ETFs in Ethereum have since continued to record positive inflows, after eight consecutive days, recording a total sum of $3.7 billion. It comes after a 20-day streak of continuous inflows as institutions take advantage of consistent vigor in the economy, as demand picks up. ETF trading has lagged other trading products, which include Bitcoin, but the speed of Ethereum reversed last year.

The numbers become the testimony of the rising levels of trust among institutional investors. Sustained inflows in regulated ETFs relative to retail speculation are not characteristics of strategic accumulation. Such an evolution follows the recent positive price action of Ethereum in general view, although it is volatile within a smaller picture as far as daily trading.

Price Outlook and $5,000 Target Probability

Ethereum’s price reached $4,642 at press time, down 1.5% in the last 24 hours. However, the asset has remained up nearly 20% in the past week and more than 56% from its monthly lows. Analysts point to sustained ETF inflows as a driver of positive sentiment.

Polymarket data shows that bettors place a 55% chance of Ethereum reaching $5,000 before the end of August. Bets for a new all-time high above the $4,800 peak set in November 2021 stand at 90%. The optimism suggests traders expect ETF demand to support further price expansion.

Standard Chartered recently revised its year-end Ethereum forecast to $7,500, doubling its earlier $4,000 target. Tom Lee, who leads BitMine, one of the largest corporate holders of Ethereum, has said the $7,500 forecast could be conservative. Current multi-year projections now estimate ETH reaching $12,000 by 2026 and $25,000 by 2028–29.

Institutional Participation and Long-Term Market Confidence

Alongside ETFs, corporate entities have increased their exposure to Ethereum. Companies are adding ETH to treasuries and adopting it in long-term investment strategies. These moves mirror the institutional adoption phase seen in Bitcoin during its growth cycles.

Arkham and Glassnode data show that big players are constantly accumulating ETH. The inflows and ETF interest are another indicator of widespread institutional approval of Ethereum. The inflows further enhance liquidity and exert less pressure on the supply of the public markets.

The core risk that analysts warn of is volatility. In the last five years, Ethereum has recorded increases of over 900 percent, but large daily volatility is still visible. Before engaging in ETH products, investors would be advised to keenly look at the risk disclosures and regulators’ guidelines.