Ethereum finds its footing, but is it enough for lift-off?
Another first was achieved in the USA yesterday, and the first staking ETF in the USA was approved and opened for trading. The US’s first Solana (SOL) Staking ETF (SSK), launched by REX-Osprey, attracted a lot of attention on its first day. The REX-Osprey Solana + Staking ETF, the first approved spot staking crypto ETF in the U.S., saw $33 million in first-day trading volume, Bloomberg Senior ETF Analyst Eric Balchunas said. Bloomberg analyst James Seyffart also noted the success of the Solana ETF and said, “The first Solana Staking ETF in the US has been launched. SSK recorded approximately $8 million in trading volume in just 20 minutes after its launch.” The ETF also achieved $1 million in assets under management. The Solana ETF's performance has outpaced the Solana and XRP futures ETFs and the average ETF outflow. However, it still fell short of spot Bitcoin (BTC) and Ethereum (ETH) ETFs. Admitted under stricter oversight and regulations under the Securities Act of 1940, the ETF chose Anchorage as its custodian. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc — Eric Balchunas (@EricBalchunas) July 2, 2025 *This is not investment advice. Continue Reading: Solana and a First in US History! Extraordinary Data Arrived for SOL!
On July 3rd, Gate officially introduced the xStocks US stock trading zone, marking a significant advancement in crypto asset platforms. This launch supports both spot and contract markets, initially featuring
BitPay’s stablecoin transaction landscape reveals a significant shift as Tether’s USDT gains ground over Circle’s USDC in 2025, reversing last year’s dominance. Despite USDC’s regulatory edge under the EU’s MiCA
The post Ethereum Preparing for a Massive Launch—Here’s The ETH Price Prediction for 2025 appeared first on Coinpedia Fintech News Ethereum (ETH), the second-largest crypto and the backbone of the DeFi ecosystem, is currently trading around $2,599, marking a modest 6.09% rise over the past 24 hours. The latest dip caught the attention of traders and analysts alike, especially as Ethereum recently broke out of a prolonged consolidation range. With renewed interest from institutional players, growing ETF inflows, and long-term holders quietly accumulating, the ETH price reached a critical juncture and is about to break above the barrier. So, is this just a healthy rise before another pullback or the start of a strong ascending trend? ETH Price Approaching $2600 Ethereum has been testing resistance around the $2,460 to $2,520 range, a zone it has struggled to break convincingly. This level acts as a technical ceiling, with price action repeatedly getting rejected. This has made it a strong resistance zone, but it has been defending the support range around $2100. This suggests the ETH price is building a strong bullish case, which may propel the price to new highs. The long-term price action looks so impressive as the ETH price has finally risen above the barrier at $2540 and reached $2600. After experiencing major volatility in the past couple of weeks, the upcoming weekly close is expected to unlock the levels not visited since February 2025. On the other hand, the weekly RSI has reached the crucial juncture as it tests the descending trend line and a rise above the levels could validate a rise above the bearish influence. Besides, the weekly candle is finding its resistance at the 200-day MA at $2,642 and support at the 50-day MA at $2,431; hence, achieving the resistance could push the levels into the pivotal zone between $2,692 and $2,808. Once these levels are cleared, then the Ethereum (ETH) price could reach $3000 and a sustained upswing could elevate the levels to new highs.
The post Ethereum News Today- 4 Bullish Signs Suggest ETH Price is Ready to Pump appeared first on Coinpedia Fintech News Ethereum (ETH) is showing signs of a potential breakout after a volatile performance over the past year. After plunging 22.7% year-over-year and a steep 45.3% in Q1 2025, Ethereum bounced back with a 36.5% surge in Q2, driven mainly by a strong May return of 41.1%. Now, as Q3 kicks off, ETH is gaining momentum again. Starting July at $2,403.98, Ethereum has already climbed over 6% to reach $2,593.60. In the past week, it has added 5%, hinting at renewed bullish energy. “Ethereum Is a Powder Keg,” Says Analyst Crypto analyst Eric Conner took to X to call Ethereum a “powder keg,” suggesting that multiple bullish signals are aligning for a potential explosive move upward. Here are the key drivers behind his thesis: 1. Stablecoin Growth Shows Strength Ethereum’s role as the backbone of the stablecoin ecosystem continues to shine. At its recent peak, stablecoins on Ethereum reached a $251B market cap. Currently, they hold $126.31B, with a $888.92M increase in just seven days. Tether leads with $64.12B, followed by USDC at $38.10B and Ethena’s USDe at $5.09B. This consistent demand signals strong on-chain activity and confidence in Ethereum’s infrastructure. 2. ETH ETFs Attract Institutional Money Spot Ethereum ETFs are gaining traction fast. In June alone, they recorded over $1.17B in net inflows. Even in July, inflows remain positive despite daily fluctuations—BlackRock’s ETHA and Grayscale’s ETHE pulled in $54.8M and $10M, respectively, on July 1. The trend highlights growing interest from traditional finance, a bullish sign for ETH’s long-term prospects. [post_titles_links postid=”478080″] 3. Exchange Supply is Shrinking According to CryptoQuant, the ETH supply on centralized exchanges has steadily declined from 19.51M at the start of 2025 to 19.03M now. Less supply on exchanges means buying pressure can trigger quicker price moves, a crucial setup for a potential breakout. 4. Whales Are Loading Up Wallets holding 1,000 to 10,000 ETH accumulated over 800,000 ETH per day during a week in June—the most aggressive buying since 2017. This strong accumulation happened even as ETH slipped 1.62% in June, showing that large players are betting big on a bullish turnaround. Final Thoughts With surging ETF inflows, growing stablecoin activity, shrinking exchange reserves, and whale accumulation, Ethereum could be on the verge of a major breakout. If ETH can flip the $2,600 resistance, a rapid price rally may follow. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]
The U.S. Securities and Exchange Commission (SEC) has temporarily halted the approval process for Grayscale’s Digital Large Cap Fund to list as a spot exchange-traded fund (ETF) on NYSE Arca,
BitPay’s USDC stablecoin transactions accounted for almost double that of USDT in 2024, but the trend has shifted in favor of Tether this year.
On July 3rd, the Pomerantz law firm initiated a class-action lawsuit against Strategy (formerly MicroStrategy), led by Michael Saylor, alleging violations of federal securities laws. The suit, filed in the
Bitcoin exchange-traded funds (ETFs) dominated institutional flows, with a massive $407.78 million in daily net inflows on July 2, bringing cumulative inflows to $49.04 billion . In contrast, Ethereum ETFs faced modest $1.8 million outflows, according to data from SosoValue . The stark difference resulted from Bitcoin’s continued institutional appeal as BTC reached weekly highs of $109,000 on July 2, positioning it for potential breakouts toward $112,000 targets. Source: Cryptonews Fidelity’s FBTC led Bitcoin ETF inflows with $183.96 million , followed by ARK21Shares’ ARKB at $83 million and Bitwise’s BITB contributing $64.94 million . BlackRock’s IBIT, despite recording zero inflows on the day, maintains its dominant position with $76.31 billion in net assets and $52.42 billion in cumulative inflows since launch. Source: SosoValue The performance disparity between Bitcoin and Ethereum ETFs followed the broader market trend, as Bitcoin maintains psychological support above the $100,000 level defended since early May. Total Bitcoin ETF assets under management reached $136.68 billion , representing 6.30% of Bitcoin’s total market capitalization. This indicates a significant level of institutional adoption. Trading volumes also surged to $5.22 billion across Bitcoin ETFs, with IBIT alone generating $4.08 billion in daily trading activity. Institutional Momentum Drives Record Bitcoin ETF Adoption Bitcoin ETF inflows demonstrate sustained institutional conviction, despite broader market volatility, with the latest inflows representing the continuation of aggressive accumulation patterns seen so far in 2025. Particularly, Fidelity’s FBTC leadership, with $183.96 million in inflows, resulted from the growing competition among major asset managers for Bitcoin market share, following BlackRock’s early dominance. The growing competition has led to a broad-based institutional adoption, rather than concentrated buying from a single entity. Interestingly, corporate treasury strategies are increasingly embracing ETF structures over direct ownership of Bitcoin. Design giant, Figma, recently revealed in its IPO filing that it has $69.5 million in Bitcoin ETF holdings , plus $30 million earmarked for future cryptocurrency investments. Design giant @figma goes public revealing $70M Bitcoin ETF holdings and $30M ready to buy more as corporate Bitcoin adoption explodes to 141 public companies holding $91 billion. #Figma #IPO #Bitcoin https://t.co/Q9CtjTalum — Cryptonews.com (@cryptonews) July 2, 2025 This pattern is becoming increasingly adopted, and public companies that can’t hold directly prefer regulated exposure through established financial products. Regionally, European expansion is also accelerating through structured products, such as the recent UniCredit’s Bitcoin ETF certificate , designed for Italian professional clients. The five-year instrument offers capital protection with 85% upside participation. Moreover, the regulatory landscape continues to evolve favorably with the SEC’s July 1 guidance streamlining token-based ETF approvals and enabling a 75-day review process. The new guidance establishes clearer pathways for crypto ETF approvals by implementing standardized disclosure frameworks that encompass custody practices, conflicts of interest, and creation and redemption mechanisms. Ethereum ETFs Face Headwinds Despite Previous Momentum Ethereum ETFs experienced modest $1.8 million outflows on July 2, contrasting sharply with their previous dominance, as they had recorded $240.29 million in daily inflows during June , surpassing Bitcoin ETFs’ performance at that time. The June surge represented the strongest performance of Ethereum ETFs in four months, coinciding with ETH climbing above $2,800 for the first time since February. Source: Cryptonews BlackRock’s ETHA led that momentum with $163.6 million in single-day inflows, maintaining a 23-day streak without outflows while managing over 1.55 million ETH valued at $4.23 billion. Current outflows may result from profit-taking following Ethereum’s technical breakout above multi-year descending trendlines. The asset completed an inverse head-and-shoulders pattern with projected targets around $3,300, but recent rejection from $2,834 highs suggests consolidation phases before continued advances. Ethereum staking also reached an all-time high of 34.65 million ETH locked on the Beacon Chain, representing nearly 29% of the circulating supply. Long-term holders are holding on through staking despite short-term ETF flow volatility. They’re prioritizing yield generation over immediate liquidity. Regulatory developments further support the growth of multi-asset crypto ETFs, as seen in Grayscale’s Digital Large Cap Fund conversion , which holds Bitcoin (79.9%), Ethereum (11.3%), and also XRP, Solana, and Cardano. Similarly, the REX Osprey Solana Staking ETF was launched on Wednesday as the first US-listed fund to incorporate crypto staking. This regulatory development could enable similar Ethereum staking products that combine institutional access with yield generation. The post Bitcoin ETFs Pull $408M—Fidelity & ARK Spark the Next BTC Wave As ETH Struggles appeared first on Cryptonews .