Ethereum Eyes $10,000 Milestone as ETFs See $674 Million Turnaround

- Institutional inflows into Ethereum ETFs surge by $674 million, reversing prior outflows. - Technical "bull flag" pattern points to explosive price potential above $10,000. On October 1, 2025, Ethereum’s price trajectory gained momentum as institutional flows into spot Ethereum exchange-traded funds (ETFs) rebounded with $674 million in fresh investments, according to a report from Cointelegraph. These developments, combined with strong technical indicators, are fueling predictions of a rally toward new record highs above $10,000. Ethereum’s weekly chart recently formed a "bull flag" pattern, a technical signal that often precedes substantial price surges. The analysis forecasts a price target of $10,533, a 145% increase from current levels; however, this rally depends on Ethereum breaking the critical resistance at $4,500, which forms the upper limit of the flag. In addition, Ethereum's daily Relative Strength Index (RSI) supports these bullish signals, with a reading of 61 indicating favorable conditions for further growth. Institutional activity is a pivotal factor in Ethereum’s bullish momentum, as spot Ethereum ETFs attracted robust inflows totaling $674 million over a recent two-day span. This activity, which reversed a prior week of outflows, underscores renewed demand from institutional investors and aligns with a larger trend of increased strategic holdings that have surged 250% since April 2025. Total reserves in Ethereum ETFs and corporate holdings now stand at 12.15 million ETH, a figure that reflects growing confidence in Ethereum’s long-term value proposition. Meanwhile, positive on-chain metrics, including rising network flows, further bolster sentiment. Analysts suggest these developments signify the onset of an "Ethereum season," a renewed market cycle driven by institutional adoption and heightened activity. According to CoinMarketCap on October 1, Ethereum (ETH) was trading at $4,325.57 as of 17:13 UTC, while its 24-hour trading volume had risen by 5.36%. All signs point to Ethereum’s accelerating momentum as it positions itself for a potential breakthrough to historic highs.