Key Highlights Ethereum gained approximately 11% over a seven-day period, reaching prices around $1,920, significantly outperforming other major cryptocurrencies Spot Ether ETFs in the United
Ethereum has climbed to approximately $1,920, marking an impressive 11% increase over the past week. This performance positions ETH as the clear leader among major cryptocurrency assets during this period.
Ethereum (ETH) PriceBy comparison, Bitcoin currently trades around $64,600, registering only a 4.2% gain over the same timeframe. Solana has declined to $77, showing negative weekly performance. TRON retreated to $0.32, while Hyperliquid’s HYPE token fell 1.8%. XRP, BNB, and Dogecoin each posted modest gains of approximately 2% for the week — representing just one-fifth of Ethereum’s rally.
ETH currently maintains a market capitalization of approximately $231 billion, accompanied by roughly $12 billion in daily trading activity.
Two primary catalysts have propelled ETH’s superior performance this week. The first is sustained institutional demand through exchange-traded funds. Spot Ether ETFs in the United States attracted $96 million during the initial three trading sessions of this week, data from SoSoValue indicates. This figure has already exceeded the entire previous week’s accumulation of $84 million.
The distribution of these inflows reveals a stark concentration. Wednesday’s trading saw BlackRock’s ETHA product capture $45.3 million of the total $53.8 million recorded. The firm’s smaller ETHB offering contributed an additional $4 million. The remaining eight ETF products collectively attracted less than $5 million.
ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (15-07-2026) YESTERDAY
Bitcoin ETFs: +1,666 $BTC (+$107.80M)
SOLANA ETFs: -9.15K $SOL (-$707.08K)
— Crypto Patel (@CryptoPatel) July 16, 2026
Meanwhile, Grayscale’s legacy Ether trust product, which carries a 2.5% management fee versus BlackRock’s 0.25%, has experienced $5.3 billion in net redemptions since its conversion to an ETF.
Bitcoin’s ETF landscape presents a contrasting picture. U.S. spot Bitcoin ETFs experienced $424 million in outflows on July 13, followed by $181 million in inflows the following day. Such volatile two-day swings indicate trading activity rather than sustained institutional accumulation.
The second catalyst supporting ETH is the emergence of Robinhood Chain. The brokerage platform’s layer-2 scaling solution launched on July 1 and settles transactions on the Ethereum mainnet. The network now handles more than $800 million in daily decentralized exchange volume, predominantly driven by memecoin speculation, and requires ETH for gas fee payments.
Ethereum is currently trading just beneath the $1,930–$2,000 resistance zone. The Moving Average Convergence Divergence indicator remains bullish with the signal line positioned below the MACD line, while trading volume has expanded during this recovery phase. Market participants are monitoring the $1,874 level as critical support.
Analyst Ted Pillows shared on social media that “the real test of $ETH will now start.” He observed that since August 2025, each instance of ETH’s daily RSI climbing above 65 has been followed by a price peak within two to three days. The RSI has now returned above this 65 threshold. Pillows indicated that if ETH manages to consolidate at current levels rather than reversing, it “will be the first major sign of reversal for ETH since April 2025.”
The real test of $ETH will now start.
Since forming a top in August 2025, Ethereum has followed one pattern.
Whenever the daily RSI has crossed above 65, ETH has peaked within 2-3 days.
Right now, ETH daily RSI is back above 65 again.
If ETH forms a local top again, it means… pic.twitter.com/wJ3wQgqwgx
— Ted (@TedPillows) July 15, 2026
Blockchain metrics from DefiLlama indicate Ethereum’s Total Value Locked remains near recent peaks, while active wallet addresses continue at elevated levels.
Whales continue accumulating $ETH.
Three newly created wallets withdrew 30,000 $ETH ($57.66M) from Coinbase Prime 9 hours ago.https://t.co/wOVqJ94HRjhttps://t.co/ClfMw2XE1ihttps://t.co/G4hTIaoSpEpic.twitter.com/5mVB6mfe7z
— Lookonchain (@lookonchain) July 16, 2026
Additionally, Lookonchain identified that three freshly created wallet addresses withdrew 30,000 ETH — valued at approximately $57.66 million — from Coinbase Prime over the last 24 hours.
The post Ethereum (ETH) Jumps 11% as BlackRock Fuels Major ETF Inflows and Robinhood Chain Gains Traction appeared first on Blockonomi.
