Ethereum price gains as ETF inflows hit $260 million in 3 days – can ETH USD cross $2,400 next?
May 6, 2026
Ethereum ETH USD price prediction: Ethereum is seeing a steady build-up of interest from institutional investors, with spot ETFs recording three consecutive days of inflows, signaling growing confidence in ETH’s current trajectory.
Ethereum ETF Inflows’ Three-Day Streak Signal Growing Institutional Interest
Data from SoSoValue shows that Ethereum ETFs brought in $101.1 million on May 1, followed by $61.2 million on May 4 and $97.5 million on May 5, as per a report. Rather than a one-day spike, this pattern reflects consistent capital entering the market over several sessions, pointing to ongoing accumulation.
BlackRock and Fidelity Lead ETH ETF Inflows
On May 5, most of the inflows were concentrated in larger funds. BlackRock’s ETHA led with $69.4 million, while Fidelity’s FETH added $24.2 million, as per an Investing.com report. Smaller contributions came from BlackRock’s ETHB at $2.4 million and 21Shares’ TETH at $1.4 million. The distribution suggests that established funds continue to attract the majority of institutional capital, reinforcing the idea that investors are increasing their exposure to Ethereum.
Ethereum USD Price Today: ETH Gains Alongside ETF Demand
Ethereum’s price movement is aligning with this demand. According to CoinMarketCap data, ETH has moved from $2,320 to over $2,370 on the weekly chart, extending a broader one-month uptrend of more than 10%, as per the Investing.com report. During this period, whales accumulated $322 million worth of ETH, adding to the overall demand.
ETH Price Levels to Watch: Resistance and Support
From a price perspective, ETH is currently facing resistance at the $2,400 level, which marks the upper boundary of a descending channel. A break above this level could open the path toward $2,500, a previous structural high, with a longer-term possibility of reaching $2,700. On the downside, immediate support is seen at $2,300, with a further drop potentially taking the price to $2,200.
Ethereum Technical Analysis: Bullish Indicators Strengthen
Technical indicators are also reflecting this upward momentum. The MACD (12,26) stands at 1.26, indicating that short-term momentum is stronger than mid-term momentum. The 13-day bull/bear power indicator is positive at 5.33, suggesting buyers are actively pushing prices higher. Meanwhile, the 14-day StochRSI sits at 74, placing it in the buy zone without reaching overbought levels, as per the Investing.com report.
ETH Price Outlook: What Could Happen Next
Together, these signals show that both market structure and ETF inflows are moving in the same direction. Over the three-day period, nearly $260 million has flowed into Ethereum ETFs, highlighting a phase of accumulation. If this trend continues, it could further strengthen both the technical outlook and investor sentiment around ETH, reinforcing its current position among both institutional and retail participants.
FAQs
How much money has flowed into Ethereum ETFs recently?
Nearly $260 million has entered Ethereum ETFs over three days.
Which funds are leading ETH ETF inflows?
BlackRock’s ETHA and Fidelity’s FETH are attracting the most capital.
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