Ethereum (ETH) regained a $2,700 threshold one day after the US listed Spot Exchange Trading Fund (ETF) tracking assets on July 8th. According to To Farside Investor Data.
As of press time, Ethereum’s price was $2,723.98, an increase of 4.1% over the past 24 hours. ETH lost $2,700 on June 12th and spent almost less than a month.
In particular, the ETF’s milestone became 25 US trading sessions after the product cleared out $3 billion on May 30th.
The publisher raised $303 million between July 1st and July 8th. BlackRock’s Eta won $171.8 million for that period, followed by a $74.5 million inflow from Fidelity’s festival.
Shift derivatives
Derivative positioning was shifted the next day. Coinank data shows the permanent long-term ratio of Binance ETH/USDT I slipped to 0.98 at 10:00 UTC on July 9ththe first printing below parity since April 16, 2023, when the same metric bottomed at 0.94.
Along with the new net short balance, the growing open interest means fresh money entering the market rather than a closed position.
Classic futures theory believes that when combined with decisive price action, it raises open interest, confirms the strength of the trend, and often precedes the reversal.
Q3 Catalyst
a Recent Reports The CF Benchmark cited four drivers who can tighten supply demand dynamics over the coming quarter.
First, when the second wave platform is launched, there is a $10 billion ETF inflow. At the same time, the second is a potential staking enablement inside US spot ETFs, which is projected to attract an additional $5 billion to $7 billion.
The report identified the third catalyst as an adoption of the Ministry of Corporate Treasury. This could increase the number of public deployment companies from 5 to 50. To put together the catalyst is the block space demand from tokenized assets, “burning and strengthening the L1 acquisition profile.”
This report framed these flows as supportive after being marked by promotion but orderly leverage and record participation in the second half of the first half.
Price discovery goes into narrow windows
With ETFs absorbing spot supply and vinance futures showing contrasting signs, traders are facing a confluence of a tendency to accelerate price discovery.
Whether the next critical movement will be achieved through long apertures or short covers depends on the macro data and regulatory headings. Still, structural bids from regulated funds remain intact.
The rare net short bias of sustained spot demand juxtaposition and derivatives sets a measurable background as the third quarter opens.
Ethereum Market Data
When reporting 11:59pm, UTC on July 9, 2025Ethereum ranks second in terms of market capitalization, and the price is above 5.94% Over the past 24 hours. Ethereum has a market capitalization $33.384 billion 24-hour trading volume $269.5 billion. More about Ethereum›
Overview of the Crypto Market
When reporting 11:59pm, UTC on July 9, 2025Crypto market totals are evaluated by $3.47 trillion There is a 24-hour volume $13.304 billion. Bitcoin’s advantage is currently underway 63.93%. Crypto Market Details›
