Ethereum Surpasses $4,500 Barrier Amidst Institutional Investments

Bitcoin ETFs experienced a notable net outflow of 1,977 BTC on May 29, 2025, reflecting a temporary softening in sentiment towards digital asset exposure. However, Ethereum ETFs have demonstrated strong performance, attracting $97 million in inflows as the ETH/BTC pair breaks out from its long-term downtrend. This bullish momentum is fueled by growing institutional interest and strategic acquisitions like SHARPLINK Gaming’s planned investment of $1 billion in ETH for treasury purposes. Analysts are optimistic about Ethereum’s growth, expecting it to break through key resistance levels such as $4,000 in the coming months.