Crypto Express

08/09 11:05

Can ETH hit $16K in 2025?

The spot ETF netflows for Ethereum [ETH] were predominantly positive since the start of July. Since the start of July, there have been only three days on which the netflows were negative.

Of that, two came in August, measuring $617.4 million in sales.

The sustained ETF inflows reflect growing demand for Ethereum. Treasury firms, such as SharpLink, continue to add ETH to their holdings, indiscriminate of the asset price.

A Standard Chartered analyst explained that treasury firm stocks could be a better investment than ETH ETFs.

This was because they offered staking opportunities, while ETFs remain passive holders. Yet, Standard Chartered maintained a $4,000 price target by the end of the year for the leading altcoin.

Tom Lee, chair of the world’s largest ETH treasury company, BitMine, had a more bold prediction of $16K for Ethereum.

The Ethereum surge from $2.4K came after the start of July, as ETFs and treasury company demand began increasing dramatically.

It continued to perform well despite a sizeable pullback a week ago and has rallied 15% since the 3rd of August.

Crypto analysts expect altcoins to follow in Ethereum’s bullish performance and rally much higher in the coming months.

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