Ethereum's price surged past $4,500, recording a 3.7% 24-hour increase driven by significant institutional investment and strong ETF inflows, as per HTX data.

Executive Summary

Ethereum (ETH) has surpassed the $4,500 threshold, registering a 3.7% gain over 24 hours. This price movement marks its highest valuation since late 2021, driven by a confluence of renewed institutional interest, substantial exchange-traded fund (ETF) inflows, and broader market optimism surrounding potential regulatory approvals.

The Event in Detail

Ethereum (ETH) price exceeded $4,500, marking a 3.7% increase within 24 hours, according to HTX market data. The cryptocurrency briefly touched $4,638.00 as per Coinbase data from TradingView, representing a nearly 40% gain for the month after recovering from approximately $3,375.00 on August 2. Current market analysis indicates ETH is trading within a defined $4,300–$4,500 range. Key resistance levels are identified at $4,427, $4,496, and $4,536, while support levels are noted at $4,387, $4,268, and $4,211.

Market Implications

Ethereum ETFs have emerged as a critical driver, attracting approximately $10 billion in net inflows during 2025. The cumulative ETF spot volume for ETH is nearing $200 billion, now constituting 16% of its total spot volume, a record high. BlackRock's ETHA fund dominates this sector, handling 74% of ETF trading volume, with ETH ETF assets under management reaching $25 billion. This robust ETF activity underscores significant institutional interest and strategic positioning by investors anticipating further market upside. Since early August, ETH has surpassed Bitcoin (BTC) in spot market dominance, claiming 32.9% of total share against BTC's 32.6%. Furthermore, in futures markets, ETH volume has exceeded Bitcoin's since mid-July, peaking at an all-time high of $3.08 trillion in August.

Expert Commentary

Joe DiPasquale, CEO of BitBull Capital, attributed the recent surge, stating, > "ETH's breakout is being driven by renewed inflows, a supportive macro backdrop, and optimism around potential spot ETF approvals." Brian Huang, co-founder of Glider, highlighted the significant involvement of institutional buyers, noting that "digital asset treasury holdings of ETH have surged this summer, signaling increased long-term confidence from corporate treasuries," citing data from Blockworks. Huang further emphasized the role of ETH ETFs in attracting traditional investors and pointed to advancements in adoption, with Stripe and Circle announcing EVM-compatible L1s, which he stated > "reinforc[es] Ethereum's position as the universal settlement layer for Web3."

Broader Context

The upward trajectory of ETH aligns with a broader positive trend across the cryptocurrency market, with 90 out of the top 100 coins by market capitalization reporting gains over the past 24 hours. Bitcoin (BTC) appreciated 1.4%, trading at $114,132, while Dogecoin (DOGE) recorded a 3.4% increase. The HTX Weekly Review, which covered the period from September 1 to 7, 2025, also identified key developments across DeFi, AI, and Layer-1 sectors, indicating widespread growth within the digital asset ecosystem. This collective performance underscores a compelling narrative of increasing institutional demand, mainstream integration, and network dominance for Ethereum within the evolving Web3 landscape.