- US spot Ether ETFs recorded $729 million in net inflows on August 13, exceeding Bitcoin ETFs.
- Fundstrat’s Tom Lee set a $10,000 year-end price target for Ethereum, citing persistent ETF demand.
Fundstrat’s Tom Lee said Ethereum could reach $10,000 by the end of 2025 as US spot Ether exchange traded funds drew a large daily net intake and outpaced comparable Bitcoin vehicles.
Lee’s view followed a run of inflows into Ether products that concentrated buying into a few funds with broad distribution across major brokerages.
US Spot Ether ETFs Record $729 Million Net Inflows on August 13
US spot Ether ETFs posted $729.1 million in net inflows on August 13, the second largest daily addition since launch. By contrast, spot Bitcoin ETFs attracted about $86.9 million the same day. Over the most recent three sessions, Ether funds amassed roughly $2.2 billion while Bitcoin products took in about $330.9 million.
Flows were led by BlackRock’s iShares Ethereum Trust, which saw approximately $500.9 million, followed by Fidelity’s product at about $154.7 million.
Aggregate activity lifted trading volumes across the complex and coincided with an Ether price that moved to within striking distance of its prior cycle high. Data providers attribute the recent lead to stronger primary market creations and a pickup in secondary market turnover.
Dashboard readings from SoSoValue show a sustained streak of positive prints for Ether ETFs in the US market, with issuers updating daily as creation and redemption files settle. Variations in reporting windows occasionally delay individual fund disclosures, but the consolidated series indicates continued net creations.
Fundstrat’s Tom Lee States $10,000 Year-End Target for Ethereum
Lee reiterated that Ether has taken a more prominent role in macro portfolios this quarter, pointing to recent performance and the scale of ETF demand.
In Fundstrat commentary and media summaries, he outlined a base case of $10,000 for Ether by year end and described upside scenarios contingent on continued net creations and policy stability. Related FS Insight notes also highlighted a strong August for Ether alongside small cap equities.
The projection puts Ether near a market capitalisation threshold that would broaden inclusion in asset allocation models that reference ETF liquidity.
Portfolio managers have focused on primary market activity as a signal of sustained demand, with large creations tending to compress basis on ETF shares and support underlying spot purchases by custodians. Those mechanics have been central to Bitcoin ETF flows since January and are now evident across the Ether cohort.
Short term, traders are watching for weekly settlement prints and whether the recent spread versus Bitcoin persists. A continuation of net creations would reinforce the relative shift that has developed in August, especially if the largest funds maintain their lead in new share issuance.
Currently, Ethereum is priced at $4,709.85, showing a slight +$34.10, which represents a +0.73% gain from the previous closing price.
