Ethereum ETFs See $547 Million Inflows Despite $4,200 Price Struggle

- Ether (ETH) price struggles above $4,200 amid waning onchain activity and investor sentiment. - $547 million in spot ETF net inflows and BitMine Immersion’s $10.6 billion holdings underscore strong institutional trust. On September 30, 2025, Cointelegraph reported that Ether (ETH) struggled to hold its price above the $4,200 mark, as diminishing onchain activity and a downturn in investor sentiment created headwinds for the asset. Nevertheless, institutional investors showed strong confidence in Ethereum’s long-term prospects. Spot Ethereum ETFs recorded $547 million in net inflows, underscoring widespread institutional engagement with the asset. Notably, BitMine Immersion, a leading cryptocurrency holding entity, increased its Ether reserves to $10.6 billion on the same day. Tom Lee, the chairman of BitMine Immersion, stated that the institution plans to accumulate 5% of Ethereum’s total supply as part of a strategic reserve strategy. This decision reflects a growing trend of institutional investors bolstering their exposure to Ether, even amid current price pressures. Market predictions for Ethereum remain cautiously optimistic. Analysts project a potential rally to the $4,800 threshold in the medium term, an outlook that relies on sustained accumulation by institutional entities and heightened demand for spot ETFs. Market observers noted that a breach above the $4,350 mark could trigger nearly $1 billion worth of short position liquidations, adding further volatility to price movements. However, broader economic factors, including U.S. fiscal policies and liquidity risks, continue to exert downward pressure on Ethereum’s near-term performance. According to CoinMarketCap on September 30, Ethereum (ETH) traded at $4,154.68 as of 20:14 UTC. Its 24-hour trading volume also dipped by 0.996%. These metrics underscore the prevailing market challenges while highlighting focal points of institutional confidence in Ethereum’s enduring value proposition.