Bitget report.>
The institutional landscape for Ethereum is undergoing significant changes, with major entities such as
BitMine Immersion
Technologies ramping up their accumulation strategies. This company, established by Fundstrat’s Tom Lee, has recently boosted its treasury by acquiring 27,316 ETH (valued at $113 million), raising its total Ethereum holdings to 3.3 million ETH ($13.2 billion)—the largest publicly disclosed
Ethereum
reserve. BitMine’s goal to secure 5% of Ethereum’s total supply (6.04 million ETH) highlights the strong institutional belief in Ethereum’s foundational place within financial systems, even as prices fluctuate in the short term. Lee, a prominent supporter of Ethereum as a “neutral chain,” emphasized its promise amid positive U.S.-China trade developments and the evolving relationship between equities and crypto, as outlined in the Bitget report.
FinanceFeeds report.>
At the same time, Ethereum ETFs listed in the U.S. are experiencing a notable increase in capital inflows, signaling a resurgence in institutional interest. On October 28, net inflows for Ethereum ETFs reached $246 million, with Fidelity’s FETH leading at $99.3 million, followed by
ARK
21Shares ETHA, which saw $76.4 million. Experts attribute this renewed momentum to the growth of Ethereum’s on-chain staking and advancements in Layer-2 scalability. The cumulative net inflow for Ethereum ETFs has now climbed to $14.73 billion, accounting for 5.76% of the total ETH in circulation. This marks a reversal from the outflows observed in late September and mid-October, which had previously sparked concerns about declining demand for Ethereum assets, according to the FinanceFeeds report.
Cryptopolitan article.>
Despite these positive developments, Ethereum’s price has been turbulent, dropping 5.5% to $3,800 on October 29 as ETF outflows hit $81 million. This decline came after Ethereum fell below key technical support levels, with analysts pointing to the 100-day EMA and $3,850 as immediate resistance. Nevertheless, institutional investors such as SharpLink continue to commit funds to Ethereum-based initiatives like Linea, reflecting sustained confidence in the network’s long-term value. Meanwhile,
Bitcoin
ETFs attracted $202 million in new investments, further cementing Bitcoin’s leading position in the digital asset market, as reported by Cryptopolitan.
Coinpaper article.>
The overall sentiment in the crypto sector is shifting, with
XRP
outperforming both Bitcoin and Ethereum during the third quarter of 2025. XRP’s market value increased by 29% from the previous quarter, reaching $170.3 billion and overtaking
Solana
and Ethereum. This surge, fueled by greater institutional adoption and its use in cross-border payments, underscores the intensifying competition among digital assets. Additionally, the recent approval of a U.S. ETF for Litecoin marks a significant step for established cryptocurrencies seeking regulated entry into institutional portfolios, joining Bitcoin and Ethereum, as detailed in the Coinpaper article.
FinancialContent article.>
Technical analysis for Ethereum presents a mixed outlook, with the price currently testing its 100-day EMA and finding possible support near $3,500. Open interest in Ethereum derivatives has dropped by 3.2%, indicating a reduction in leveraged positions, while a spike in options trading points to increased speculative activity. Analysts warn that continued outflows or failure to reclaim the $4,000 level could lead to further declines. On the other hand, Ethereum’s upcoming Fusaka upgrade, scheduled for December 2025, is seen as a potential driver for sustained growth, focusing on scalability improvements and lower transaction fees, according to the FinancialContent article.
