Ethereum Is So Back? ETH Price Jumps to 2025 High Amid Open Interest Surge
Main Idea
Ethereum's price reached a new 2025 high, rising 26% in a week, though it remains below its 2021 all-time high, amid increased market interest and ETF inflows.
Key Points
1. Ethereum's price hit a 2025 peak of $3,848, up 26% over the past week, but remains 22% below its 2021 all-time high of $4,878.
2. ETH open interest reached over $56 billion, indicating strong market activity and investor interest.
3. ETH ETFs saw significant inflows, with over $726 million in net inflows on their best trading day, though they started slower than Bitcoin ETFs.
4. Publicly traded companies like BitMine Immersion and SharpLink Gaming have aggressively accumulated ETH, with holdings worth over $1 billion.
5. The GENIUS Act and Circle's public debut have contributed to the positive sentiment around Ethereum and stablecoins.
Description
Ethereum has spiked 26% over the past week as investors pour into ETFs and public companies establish ETH treasuries.
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