Key Takeaways
- Ethereum(ETH) spot exchange-traded funds experienced record outflows in the past week.
- More than 45% of retail investors expect the ETH to reach $5000 by the end of the year, according to the Stocktwits poll, in partnership with Polymarket.
- Even crypto experts are not ruling out the possibility of $5000 or even higher for ETH towards the end of 2025.
Ethereum(ETH) spot exchange-traded funds experienced outflows of $795.6 million in the past week, marking the worst performance since their launch. Despite the record outflows, retail investors believe that the ETH could touch $5,000 or even higher. Even crypto experts are not ruling out the possibility of ETH reaching record values towards the end of 2025. The all-time high ETH reached so far is $4,953.73 back in August this year.
Retail Traders Expect $5,000 Despite Massive ETF Outflows
More than 45% of retail investors expect that the dominant altcoin would reach $5000 by the end of the year, according to the Stocktwits poll, in partnership with Polymarket. The poll saw a participation of more than 32,000 participants. Some of the participants even stretch the price to $8000.
The ETH is currently trading around $4,133.06; the price has increased by 3.43% in the past 24 hours. The 24-hour trading volume stands around $30.67 billion. The trade volume has surged more than 60% within a day’s time frame. The ETH market cap has reached $ 498.96 billion, and it’s currently trading above the 200-day simple moving average of $ 3,027.57. The 14-day Relative Strength Index (RSI) stands at 42.75.
The technical indicators are in a neutral stance, inclining towards a bullish trend. Bullish trend is further fueled by SWIFT’s blockchain Integration. Reports suggest that SWIFT is experimenting with migrating its system on-chain using Consensys’ Ethereum Layer 2 Linea for cross-border payment. The move is a major win for cryptocurrency as it indicates the increased acceptance of the digital currency ecosystem into the larger global macroeconomic framework. Additionally, the Fear & Greed Index is 50; the index has shifted from fear to neutral in the past few days. On the downside, the ETH had only 14 green days in the last 30 days.
Why $5000 is not an Impossible Target for ETH?
Even crypto experts are not ruling out the possibility of $5000 or even higher for ETH. The BitMine Technologies chairman, Tom Lee, recently predicted that the ETH would rally in the range of $12,000 to $15,000 towards the end of this year.
The surge in prices and possible breakout are forecasted amidst the reports about the integration of blockchain ledger to SWIFT, the U. S. Securities and Exchange Commission’s
(SEC) decision to streamline the ETF process for digital currencies, and speculations about approval for staking.
The Concerns Remain
Amidst the optimism, the concerns remain among the crypto traders. The options worth more than $22 are about to expire, which remains a major concern for the crypto market. Any regulatory changes or economic slowdown can considerably decrease the risk appetite among investors. The Fed’s hawkish policy, despite the rate cuts, is another cause of concern. The rate cuts and increased liquidity favour risk-taking behavior, which is advantageous to cryptocurrencies such as ETH. In the thick of speculations, the investors are advised to exercise caution as the crypto market remains highly volatile.