ETF Inflows Keep Ethereum Momentum Intact — Bullish but Watch Volatility

I see the surge in US spot Ether ETF inflows and ETH hitting a yearly high as clear evidence of renewed institutional demand and momentum. With over $3B in August inflows so far, record ETF assets near $29.2B, and a five-month inflow streak, the market is signaling substantial, persistent buying pressure.

I recognize the bullish price forecasts — $12K–$15K by year‑end from some analysts — but I also note the recent intraday volatility and potential for short-term pullbacks below $4,500. The ETF channel reduces custody friction for institutions, which should support higher price discovery over the medium term.