Ethereum exchange-traded funds (ETFs) are once again attracting investor attention, logging a five-day streak of inflows as the price of ETH stabilizes above $4,500. The renewed momentum signals growing institutional confidence in Ethereum after a choppy start to September.

Ethereum ETFs Record Strong Inflows

Ethereum ETFs recorded about $360 million in inflows on September 15, according to SoSoValue. This marked their second-highest daily intake since turning positive earlier in the month. BlackRock’s ETHA led the surge with $363 million in net inflows, while Grayscale’s ETHE followed with $10 million. On the other hand, Fidelity posted $13.5 million in outflows, offsetting part of the gains. The remaining issuers stayed inactive.

Over the past five sessions, U.S.-listed Ethereum ETFs have attracted roughly $1.1 billion in net inflows. This recovery comes after outflows dominated earlier in September when ETH prices briefly weakened. Still, Ethereum ETFs trail behind their Bitcoin counterparts, which drew nearly $2.6 billion during a stronger six-day streak.

The rebound highlights renewed institutional demand for Ethereum despite short-term volatility. With ETH regaining strength, funds tied to the asset are drawing fresh capital. This points to increasing conviction in Ethereum’s long-term performance, particularly as institutions diversify beyond Bitcoin.

ETH Holds Above Key Support

Ethereum price is holding at $4,509 at press time, down only 0.02% in the past 24 hours. The asset is up 3.4% this week and nearly 8% above its monthly low of $4,180. Price action indicates that ETH is consolidating after reaching almost $5,000 earlier in September.

On the technical side, ETH remains above its 50-day moving average, now around $4,275. This serves as a critical support zone for maintaining a bullish structure. The daily RSI stands near 54, suggesting neutral momentum rather than overbought or oversold conditions.

Analysts note that a firm hold above $4,300 keeps the bullish outlook intact, with resistance expected near $4,800 to $5,000. However, any drop below the 50-day average could open the door for further weakness. If ETH sustains momentum above $4,500, ETF inflows could continue, boosting Ethereum’s market performance into the final quarter of the year.