Ether's price drops despite ETF inflows, casting doubt on return to $3,000

From Cointelegraph
June 25, 2025 6:39:00 pm:

Ether’s price drops 4% despite ETF inflows, casting doubt on a return to $3,000. Negative funding and options metrics indicate low confidence in short-term price strength. Ether lost 4% in the past week while the overall crypto market gained 1%, raising questions about a $4,000 rally. Bitcoin trades close to its all-time high, with Ether derivatives showing reduced demand for leveraged bullish bets.

Despite Ether’s rejection from $2,800, ETF inflows accumulated $322 million over two weeks. The SEC is evaluating requests for “in-kind” creations and redemptions, considering native staking operations for ETFs. Analysts expect approval for altcoin ETFs like Solana, Litecoin, Polkadot, and XRP in 2025.

Weak demand for bullish ETH leveraged positions may indicate reduced confidence, as altcoin ETFs gain traction. The -2% annualized funding rate for ETH futures shows weak conviction at the current $2,400 price. ETH options metrics suggest subdued hedging demand, with no signs of broad bearishness.

Ether bulls believe Ethereum is well-positioned to attract institutional investors, citing its customizable architecture and deep liquidity. Despite these advantages, ETH remains 50% below its all-time high, dampening short-term bullish sentiment. This information is for general knowledge and does not constitute legal or investment advice.

Read more at Cointelegraph: ETH Futures Advise Caution Even As ETF Flows Soar