- Ethereum spot exchange-traded funds recorded outflows of $795.6 million last week, the highest since their introduction.
- Nearly half of retail traders polled expect Ethereum to reach $5,000 by the end of 2025, with some forecasting prices as high as $8,000.
- Ethereum’s price climbed 2.6% in the past 24 hours to $4,107, despite a recent drop below $4,000 amid broader market uncertainty.
- Investor optimism remains high, with expectations that new regulations and SEC decisions could further benefit the market.
- Ethereum has gained over 23% this year, outpacing both Bitcoin and major stock indices like the Nasdaq 100 and S&P 500.
Ethereum spot exchange-traded funds (ETFs) faced outflows totaling $795.6 million last week, marking the largest weekly net withdrawal since these products launched. This development comes as the price of the digital asset faces ongoing volatility in uncertain market conditions.
A recent poll with over 32,000 participants found that 46% of retail investors expect Ethereum to reach $5,000 by the end of 2025. Additionally, 25% of those polled forecast a price increase up to $8,000, while 18% predict a move to $6,000, and 11% project $7,000. Despite current weakness, overall retail sentiment for Ethereum remains bullish and conversation volumes are high.
In the past 24 hours, Ethereum rose 2.6% to $4,107, according to CoinGecko data. This follows a week where the token traded below $4,000 during a broader market pullback and amid ongoing uncertainty regarding U.S. Federal Reserve monetary policy and a potential government shutdown.
Data from SoSoValue show that last week’s ETF outflows surpassed the previous high of $787.7 million set during the first week of September. August had seen stronger performance for Ethereum, which reached an all-time high, but recent correction concerns remain. One investor commented: “I think the Ethereum correction will be over in a few weeks. After that, ETH will rally above $10,000.”
Some investors anticipate that changes in ETF regulations and potential approval of crypto staking by the U.S. Securities and Exchange Commission could provide further gains. Crypto staking is a process where blockchain users validate transactions and earn rewards, creating an additional income stream.
Year-to-date, Ethereum has increased over 23% in value, outperforming Bitcoin at 19.6%, as well as major stock indexes such as the Invesco QQQ Trust Series 1 tracking the Nasdaq 100 (15.9%) and the S&P 500 SPDR ETF (12.3%).
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