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CryptoMediumUpdated×3•Originally published 22 August 2026•Updated 23 August 2026•
1 min read

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. 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.

Latest Updates · 1

  1. Notable·

    Update: A new fundamental catalyst has emerged as Ethereum approaches the launch of the Glamsterdam upgrade, cited as the most significant protocol overhaul since The Merge. Anticipated within weeks, this technical milestone is expected to enhance network performance, adding a structural layer to the current price momentum driven by ETF inflows.