Ethereum (ETH) is facing growing pressure on both the fundamental and technical fronts. The second-largest cryptocurrency has stalled around $2,100, significantly down from its November highs.
🔻 ETF Outflows Paint a Bearish Institutional Picture
Wall Street’s appetite for Ethereum ETFs is fading fast. According to data from SoSoValue:
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Ethereum ETFs saw $335 million in outflows the previous week
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Followed by another $120 million loss last week
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Total outflows over two weeks: $455 million
So far, ETH spot ETFs have attracted $2.7 billion in net inflows — a stark contrast to Bitcoin’s $37 billion.
The lack of ETF support raises concerns about institutional conviction in Ethereum’s near-term potential.
❌ No Staking, Lower Yields Hurt Ethereum’s Appeal
One reason behind weak ETF demand is the lack of staking benefits. Unlike direct ETH holdings, ETFs don’t allow investors to earn staking rewards — currently yielding ~3.25%, according to StakingRewards.
As of now, over $73 billion in ETH is staked, highlighting that capital prefers direct network participation over ETF wrappers.
⚠️ Ethereum’s Competitive Disadvantage
Ethereum is no longer the most profitable blockchain. So far in 2025:
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Ethereum fees: $202M
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Lower than Jito (JTO), Uniswap (UNI), Tron (TRX), and Solana (SOL)
The network is also losing ground to Layer-1 competitors like Solana and BNB, and Layer-2 solutions such as Base and Arbitrum.
📉 Ethereum Price Technical Analysis
ETH has dropped from $4,105 (Nov 2024 high) to the current level of $2,160 — a decline of nearly 47%.
Key technical factors:
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ETH is holding just above the critical $2,000 support zone
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This level served as strong support in August and September 2023
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It’s also the neckline of a triple-top pattern
A break below $2,000 could trigger further downside toward $1,500 — a key psychological and technical target.
🧠 Final Outlook
Ethereum is teetering at a pivotal price level amid slumping institutional interest. With ETF inflows drying up and competition heating across L1s and L2s, ETH must hold $2,000 or risk entering a steeper decline.