Ethereum Outperforms Bitcoin with 30% Weekly Surge Amid ETF Inflows

Key Facts

1Ethereum price surged 29.8% over the past seven days, outperforming Bitcoin's 22.9% gain.

2ETH reached a weekly high of $2,546 on Saturday before trading around $2,435 later that day.

Amid a resurgence in risk appetite within the digital asset market, Ethereum experienced a significant rally of 29.8% over the past seven days. According to reports, this performance outperformed Bitcoin's 22.9% gain during the same period, with ETH reaching a weekly high of $2,546 on Saturday before stabilizing around the $2,435 level.

The rally was primarily fueled by returning spot ETF buyers and a significant short squeeze, alongside a decrease in the available supply of tradable coins on exchanges. Per analyst data, this upward momentum reflects growing institutional interest in the second-largest cryptocurrency, which helped push prices past previous resistance levels.

As of August 22, 2026, the outlook remains tied to the sustainability of inflows into exchange-traded funds. With authoritative price data currently unavailable in the database for this snapshot, traders are monitoring qualitative support zones, while the upcoming economic calendar shows no direct crypto-related catalysts, leaving price action dependent on market supply-demand dynamics.

Sources:

news.bitcoin.com