U.S. Institutional Buying Pushes Ether Higher, Coinbase Premium Reveals

Ethereum Climbs Above $3,600 as U.S. Institutional Demand Spurs Rally

Ethereum (ETH) has surged past $3,600 this week, marking its strongest performance since April, amid clear signs of rising institutional interest — particularly from U.S. investors.

A key metric signaling this trend is the ETH/Coinbase premium, which tracks the price difference between ETH on U.S.-focused Coinbase and global exchange Binance. After remaining flat through June, the premium turned positive this week — often seen as a sign of growing U.S. institutional buying.

“The emergence of a sustained premium on Coinbase — a platform heavily used by American institutions and whales — is notable,” said CryptoDan, an independent analyst with CryptoQuant. “It suggests a steady influx of capital from large U.S. buyers.”

At the same time, inflows into spot Ethereum ETFs hit record daily highs, reinforcing the narrative of deepening institutional engagement. The combination of a rising premium and historic ETF demand indicates that Ethereum’s breakout may be led by institutions rather than speculative retail flows.

ETH has gained 21% over the past week, outperforming both Bitcoin and other major cryptocurrencies, as technical momentum aligns with on-chain and ETF-driven fundamentals.

The data points to a maturing investment base for Ethereum, with U.S. buyers increasingly influencing short-term price action through regulated channels.