Ethereum Hits $4,475 Weekly High as ETFs Fuel Rally

- Ethereum weekly price hits four-year high at $4,475. - BlackRock ETF dominance drives institutional inflows, record network activity. Ethereum (ETH) secured its highest weekly close in four years at $4,475. Robust institutional inflows into Ethereum Exchange-Traded Funds (ETFs), surging corporate demand, and unprecedented network activity fueled this rally. On August 18, 2025, Cointelegraph reported that substantial capital inflows into Ethereum investment products were a pivotal factor in this achievement. BlackRock’s Ethereum ETF now accounts for over half of all global ETH ETF assets, totaling $12.6 billion. In the week leading up to this milestone, investors poured $2.9 billion into ETH-focused investment vehicles, highlighting growing institutional interest. Ethereum’s network activity also reached record-breaking levels. The network processed 1.74 million daily transactions on August 5, 2025. Concurrently, corporate treasuries hold an increasingly significant share of Ethereum’s supply. A total of 69 entities collectively own $17.3 billion worth of ETH, which comprises 3.4% of the total circulating supply. From a market perspective, Ethereum’s nearest price support lies in the $4,000–$4,150 range, while it faces resistance around $4,550. Analysts suggest that consistent weekly closes above $4,250 could pave the way for a breakout toward new all-time highs. This could potentially push the price into the $5,000–$5,800 range. Conversely, a close below $4,150 might signal short-term bearish sentiment. According to the latest market data, Ethereum (ETH) trades at $4,357.77 as of 16:08 UTC on August 18. This price reflects a 4.4% dip in its 24-hour trading volume.