BlackRock’s ETHA lifts Ethereum past $1,900, fueling $37 million ETF surge

U.S. spot Ethereum ETFs recorded $37.47 million in net inflows on July 21. This performance marks the third consecutive day of positive capital movement for the sector. BlackRock’s iShares Ethereum Trust (ETHA) drove the trend with a $52.79 million single-day inflow.

Ethereum’s price surpassed $1,900 on July 22. The asset reached a daily high of $1,942 during the rally. Technical indicators show strong buying pressure as analysts eye the $2,000 level. Consistent institutional demand for ETHA remains a primary factor in the current market recovery.