Fidelity's Ethereum ETF recorded a daily inflow of $38.1 million, according to data from Farside Investors. This surge highlights growing institutional interest in ETH, aligning with broader crypto market trends and recent Bitcoin momentum that has pushed BTC toward new highs in 2026.

From a technical confluence perspective, ETH trades at $2319.92 in a clear bullish structure, hugging the EMA50 at $2238.36 as immediate support while the EMA200 at $2139.04 anchors the longer-term uptrend. MACD shows a bullish golden cross with a reading of 32.92, signaling sustained momentum, though RSI at 58.49 remains neutral, suggesting room for upside without overbought risks. Price sits inside the Bollinger Bands, testing the upper resistance at $2428.6—a break here could propel ETH higher, but expect volatility exhaustion pulling back to the lower support at $2121.14 if inflows slow, making this a prime setup for dip-buyers eyeing ETH price prediction targets in the evolving crypto ETF landscape.