Etched Flows Swell Towards Ethereum ETFs, Outpacing Bitcoin; Ethereum's Price Steadies Approach Towards $3K
In a striking turn of events, Ethereum exchange-traded funds (ETFs) have seen a surge in popularity compared to Bitcoin ETFs, indicating a significant shift in market trends.
According to Sosovalue data, Ethereum ETFs raked in an impressive $285.84 million in net inflows during the week of May 30, 2025 - a two-month high. On the other hand, Bitcoin ETFs posted net outflows of $157.40 million for the same period.
This shift signifies a dramatic reversal from recent trends, with Ethereum ETFs consistently posting inflows across all four trading days that week. As of now, Ethereum ETFs have garnered $244.58 million in inflows for the current week, outpacing competitors in the Bitcoin ETF realm.
Over the past three weeks, Ethereum ETFs have posted positive inflows, marking their strongest streak since December 2024. This robust investor interest coincides with a 45% price surge for ETH over the past 30 days.
Analysts suspect this shift in capital flows could indicate the dawn of an altcoin season, with Ethereum's robust ecosystem and smart contract capabilities generating investor confidence.
Currently, ETH is trading around $2,608,. With no signs of easing in the continuous ETF flow, experts predict a potential surge above $3,000, and perhaps even a march towards Ethereum's all-time high in the coming weeks.
However, Ethereum faces some challenges. It encounters resistance at $2,825 and $3,013. A daily close above $3,013 could initiate a rally towards $4,000, while rejection might trigger a correction. A breakout above $3,000 would likely require a fresh catalyst, such as sustained ETF inflows and stable macroeconomic conditions. Additionally, Ethereum has formed a bull flag pattern, which suggests a bullish trend, while the Money Flow Index (MFI) indicates rising buying pressure. However, this optimistic outlook could reverse if selling pressure overpowers buying volume.
Despite these challenges, Ethereum's price might surge past $3,000, provided the conditions mentioned are met. Reaching its all-time high in the next few weeks, however, seems less likely, considering the high bar set by its previous high of over $4,800.
For more insights, check out: ConsenSys Buys $320 Million Ethereum from Galaxy Digital
Investors are shifting their focus towards Ethereum Exchange-Traded Funds (ETFs), with strong inflows of $285.84 million during the week of May 30, 2025, topping Bitcoin ETFs' $157.40 million net outflows for the same period. This surge in Ethereum ETFs has been a significant trend reversal, confirmed by four consecutive trading days of inflows.
The price surge of Ethereum by 45% over the past 30 days, along with the robust investor interest shown in Ethereum ETFs, has analysts suspecting the arrival of an altcoin season. As a result, experts predict that Ethereum could potentially surge above $3,000 and even approach its all-time high in the coming weeks.
Despite the promising outlook and strong buying pressure, Ethereum faces resistance at certain price levels and needs sustained ETF inflows and stable macroeconomic conditions for a breakout above $3,000. Reaching its all-time high in the next few weeks seems a challenging feat, given the high bar set by its previous high of over $4,800.