BTCC / BTCC Square / CoindeskEN /
Ethereum Defies Gravity: ETF Frenzy Fuels $2.5K Floor as Wall Street Plays Catch-Up

Ethereum Defies Gravity: ETF Frenzy Fuels $2.5K Floor as Wall Street Plays Catch-Up

Author:
CoindeskEN
Published:
2025-06-07 18:08:59
7
1

Ether Holds Steady Above $2,500 as ETF Demand Signals Institutional Confidence

Ether isn't just holding—it's flexing. The $2,500 support level turns into a springboard as institutional money floods in via ETFs. Guess even the suits finally figured out what a smart contract is.

Demand for spot ETH ETFs hits record volumes this week—turns out bankers love decentralization when there's a commission attached. Who knew?

This isn't retail FOMO. This is Goldman Sachs clients realizing their bond portfolios are getting wrecked by inflation. The 'digital gold' narrative just got a $2,500 exclamation point.

Of course, the same institutions that called crypto a scam in 2018 are now scrambling for exposure. The irony's thicker than a Bitcoin maximalist's neckbeard.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users