Ethereum’s path toward $6,000: ETF inflows, market absorption and broader cryptocurrency reallocation trends

Ethereum price rushed to $6,000, thanks to institutional investors’ favor, and the U.S. Securities and Exchange Commission (SEC) approved the Ethereum spot ETF in July 2024. Products such as Grayscale Ethereum Trust account for 20-25% of Bitcoin ETF inflows, while bipartisan legislation such as the Genius Act provides regulatory clarity. By July 2025, companies had accumulated more than 360,807 ETH, of which Grayscale had inflows of $54.9 million in July alone. From 2024 to 2025, the ETH/BTC ratio increased by 27%, reflecting the capital reconfiguration caused by Ethereum’s dominance in the DeFi and stablecoins. Although there is pledge exclusion in ETFs, innovative technologies such as option trading have enhanced liquidity. With $19 billion raised in 2024 and ongoing network upgrades, Ethereum’s path to $6,000 relies on regulatory support, ongoing institutional momentum and scalable infrastructure.