- Tom Lee forecasts Ethereum could hit $5,500, fueled by growing institutional and whale demand.
- Spot ETH ETFs pulled in $1.3B in just four days, pushing total inflows beyond $13B.
- Corporate treasuries and whales are stacking ETH, while futures open interest surged to $63.7B, signaling strong momentum.
Ethereum’s rally isn’t slowing down, and Wall Street veteran Tom Lee thinks it’s just getting started. With ETH already trading near $4,645 — up 235% from its yearly low — Lee is calling for a push toward $5,500 in the near term. The bullish outlook is being reinforced by a perfect storm: massive inflows into spot Ethereum ETFs, corporate accumulation on the scale of MicroStrategy’s Bitcoin play, and whales dropping hundreds of millions into ETH buys.
Institutional Floodgates Open with ETF Inflows
Ethereum ETFs are pulling in eye-popping numbers. In just the past four days, more than $1.3 billion flowed into spot ETH ETFs, pushing total inflows past $13B. On Tuesday alone, $455 million was added, breaking previous records. For Lee, this is the clearest signal that Ethereum is shifting from a retail-heavy asset into an institutional darling. “As Wall Street continues to accumulate Ethereum, the price will benefit from this institutional push,” Lee explained, pointing to ETFs as a structural driver of long-term demand.

Corporate Accumulation Mirrors Bitcoin’s Playbook
It’s not just ETFs. Companies like BitMine, SharpLink, and The Ether Machine are aggressively stacking ETH, echoing MicroStrategy’s bold Bitcoin strategy. BitMine alone controls 1.53 million ETH, worth more than $7 billion, while corporate treasuries together now hold over 3.37 million ETH. This coordinated buying is creating supply pressure that could accelerate price moves as demand keeps building. For institutions, Ethereum isn’t just a speculative play — it’s being treated as core infrastructure for the next financial system.
Whales and Futures Market Confirm Bullish Trend
Adding fuel to the fire, whales are buying big. One single wallet scooped up $164 million worth of ETH this week, a signal of high-conviction bets on future gains. Meanwhile, Ethereum’s futures market is flashing strength. Open interest jumped to $63.7 billion, the highest in days, showing more capital is flowing into leveraged positions. With funding rates still positive and liquidations low, derivatives data points to continued bullish momentum — and validates Lee’s $5,500 target as more than just optimism.