Ethereum Maintains Support, Attracts Institutions Despite ETF Outflows

• Ethereum Holds Technical Support Above $2.500
• Report highlights ETH as the basis of the digital financial system
• Institutions remain exposed to Ethereum even with ETF exits

Ethereum (ETH) continues to show resilience in the face of recent macroeconomic and geopolitical pressures. After briefly falling to $2.491,72, the cryptocurrency has recovered and is trading above $2.540, holding technical support near $2.500. analysis CoinDesk Research points to an increase in trading volume during the recovery, which reinforces the current level of demand.

From a technical perspective, ETH is showing signs of renewed momentum, supported by a double bottom formation and strong intraday buying near the $2.530 range. Data from CoinGlass indicates that open interest in Ethereum stood at $35,36 billion at the last update, suggesting active participation from institutional investors.

Even with this technical support, spot Ethereum ETFs in the United States recorded net outflows of $2,1 million last Friday, ending a positive streak of 19 consecutive days of inflows. Despite the recent outflow, ETH remains within the $2.500 to $2.800 price range, signaling that market sentiment remains relatively bullish.

Reinforcing the long-term bullish outlook, the Etherealize group released a report on Thursday called “The Bull Case for ETH.” The report, which has received support from prominent figures in the Ethereum ecosystem, including Danny Ryan, Grant Hummer and Vivek Raman, provides a detailed analysis of Ethereum’s role in the future of global finance.

The report highlights that Ethereum already accounts for over 80% of tokenized assets and serves as the main infrastructure for stablecoins and institutional blockchain projects. Furthermore, it describes ETH as a multifunctional asset: store of value, programmable collateral, computational fuel, and yield generator.

The authors argue that Ethereum is emerging as the central settlement layer for the emerging digital financial system. According to the study, ETH is undervalued relative to its future utility, being compared to a “digital oil” essential for blockchain financial operations.