Ethereum Price Disappoints: Bitmine Fails to Offset ETF Exodus

Image: Cryptonews
Ethereum price climbed 2.5% over 24 hours to just under $2,450, but remained below the $2,500 level as U.S. spot ETFs recorded nearly $389 million in cumulative net outflows over five trading sessions. The rebound puts ETH within striking distance of $2,500, although the token remains down 2.0% over seven days, 6.0% over 14 days and 8.9% over 30 days. Ethereum (ETH) 24h 7d 30d 1y All time Meanwhile, Bitmine Immersion Technologies continued accumulating ETH, adding 12,535 tokens last week. Its holdings reached 6.04 million ETH, highlighting a growing divergence between corporate treasury demand and withdrawals from regulated investment products. Ethereum trading activity remains substantial, with 24-hour volume closing at $13 billion and perpetual futures open interest at $44.6 billion.
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