not good news from the ETFs on Ethereum
The post not good news from the ETFs on Ethereum appeared on BitcoinEthereumNews.com.
For Ethereum, something doesn’t add up: the news coming from the ETFs on ETH spot isn’t particularly good, despite the strong price recovery. The fact is that the news coming from Bitcoin ETFs is positive, and this further complicates the analysis on the price of Ethereum. The trend of the price of ETH (Ethereum) between Pectra update and negative news from ETFs Until April 21, the price of Ethereum was below $1,600. Two days later it had climbed back above $1,800, but that rebound still seemed insignificant, given that 2025 had started at $3,300. Something, however, changed starting from May 8th, when the real rebound began that brought it first above $2,000, and then also above $2,500. However, the most significant data is the price of Ethereum in Bitcoin, given that at the beginning of the year ETH was at 0.035 BTC, dropped to 0.018 on April 21, and returned to 0.019 two days later. Well, until May 7, the price of Ethereum in Bitcoin remained fixed between 0.018 and 0.019 BTC. From May 8, however, the true bull rebound began, bringing it back to over 0.025 BTC. From these numbers, however, it clearly emerges that it is still just a rebound, and not a true bullrun. The performance of ETH ETFs All this is confirmed by the disappointing performance of the ETF su ETH spot. While on one hand it is true that starting from April 22 there have been more days of inflows than outflows, it is also true that the days of outflows have still been five, and the sum of the last two weeks is almost zero. At the beginning of May, there were three consecutive positive stock market sessions, but they were immediately followed by three negative ones. Subsequently, there was a positive one last…
Filed under: News - @ May 15, 2025 2:26 pm