Trading Near $3,000 as ETF Inflows Hit Record High
TLDR
Ethereum is trading at $2,986.76, with a small daily decline of 0.32% but a weekly gain of 17.93%
U.S. spot Ethereum ETFs saw record weekly inflows of 225,857 ETH
Corporate treasury companies accumulated over 545,000 ETH in the past month
SharpLink has become the largest corporate Ethereum treasury with over 255,000 ETH
Price forecasts for 2025 range from conservative estimates of $2,429-$3,023 to bullish projections of up to $6,507
Ethereum’s price has been hovering near the $3,000 mark, reaching $2,986.76 with a minor daily decline of 0.32%. Despite this small correction, ETH has shown strong momentum with a 17.93% gain over the past week and a massive 95.12% increase in trading volume, which reached $32.34 billion.
The cryptocurrency briefly broke above the $3,000 threshold, a level not seen since February, before pulling back slightly. This short-lived breakout has helped reignite buying interest among both retail and institutional investors.
Market activity has been particularly robust, with the average price of ETH hovering near $2,987.93 over the past week. This price stability near the important $3,000 level has been viewed positively by market observers.
The current market dynamics show a mix of short-term consolidation and growing long-term confidence. While daily price movements show some volatility, the weekly trend remains strongly positive.
Institutional Adoption Accelerates
A key driver behind Ethereum’s recent performance has been the surge in institutional interest. U.S. spot Ethereum exchange-traded funds (ETFs) experienced their biggest weekly net inflow on record, adding 225,857 ETH.
This multi-week activity in ETF investment is considered a positive indication for the long-term stability and maturation of ETH as a digital asset. Analysts suggest these inflows reflect rising confidence among asset managers and institutional investors.
Ethereum-based digital investment funds have posted their 12th consecutive week of inflows, totaling $990 million, the fourth largest weekly inflow on record according to asset manager CoinShares.
So far this year, Ethereum products have seen more than $4 billion in inflows, with almost 30% of that coming in just the last two weeks as institutions accelerate their investments in the asset.
In relative terms, Ethereum’s inflows over the past 12 weeks account for 19.5% of the total assets under management for all global Ether funds, compared to 9.8% for Bitcoin funds.
Corporate Treasury Adoption
Beyond ETFs, corporate treasury adoption has been another major trend supporting Ethereum’s price. Top Ethereum treasury companies have accumulated more than 545,000 ETH over the past 30 days, worth approximately $1.6 billion.
BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, reported total Ether holdings of 163,142 ETH, worth around $480 million at current market prices.
Joseph Lubin’s gaming platform, SharpLink, has emerged as the largest corporate Ethereum treasury. The company acquired multiple batches of ETH in July, including 10,000 ETH on July 11, 16,370 ETH on July 13, and a further 24,371 ETH for $73.2 million on July 15, bringing its total holdings to over 255,000 ETH.
Other companies building Ethereum treasuries include digital asset platform Bit Digital with more than 100,000 ETH and Blockchain Technology Consensus Solutions (BTCS), which raised $62.4 million to expand its ETH holdings to 29,122 ETH this month.
GameSquare has also announced a strategic plan for a $100 million Ethereum treasury on July 8, further expanding the list of corporate ETH holders.
Lubin, the Consensys founder, has even referred to himself as a “self-appointed representative of The League of Extraordinary ETH Accumulator Gentlemen,” acknowledging BitMine and others for their recent accumulation.
The trend of corporate treasury adoption mirrors what happened with Bitcoin in previous years but is now gaining momentum with Ethereum as institutions recognize its potential.
Price forecasts for Ethereum in 2025 vary widely. DigitalCoinPrice provides a bullish estimate, suggesting ETH may reach $6,507.27 by late 2025, potentially passing intermediate targets at $4,891.70 and $5,939.39.
Changelly offers a more conservative prediction, with technical estimates indicating ETH prices likely between $2,429.85 and $3,023.58 in 2025, averaging at $3,617.31.
For July 2025, Changelly estimates an average price of $3,317.07, suggesting a potential return on investment of -7.9% from current market levels.
ETH prices topped $3,000 for the first time since February on July 11 but have pulled back slightly at the time of writing, while still maintaining a 17% gain on the week.
