Ethereum Price Holds $2,900 Amid Massive ETF Inflows and BlackRock Purchase

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Ethereum Price Holds $2,900 Amid Massive ETF Inflows and BlackRock Purchase

Highlights

  • Ethereum price holds steady above $2,900 amid ETF inflows.
  • BlackRock's Ethereum ETF purchases signal growing institutional investor interest.BlackRock's Ethereum ETF purchases signal growing institutional investor interest.
  • Ethereum's gradual growth hints at sustained bullish momentum ahead.

Ethereum price has remained resilient, holding steady above $2,900 after rising 2% to $2,903 in the last 24 hours. The strong inflow of US spot Ethereum ETFs and significant purchases, including BlackRock’s, have bolstered the cryptocurrency’s momentum. 

Regardless of the uncertainties in the market, the Ethereum price is carrying the trend of the growth of Bitcoin in terms of increase, only by slight margins.

The wider crypto market was also slightly increasing by 1.24% after the fears were calmed. As Ethereum is on a significant level, its form is fragile as the general market moves to a defensive stance, and other significant assets such as BTC, SOL, XRP, and DOGE experience minor spikes.

Ethereum ETFs See Major Inflows, BlackRock Buys

The net inflow of Ethereum Spot ETFs was substantial at 96.6 million on November 24, and clients of BlackRock contributed to 92.6 million of that sum. This is the first inflow of BlackRock Ethereum ETF in two weeks.

The statistics indicate that there is a significant increase in investor attention to Ethereum, especially when the inflows of the ETFs are compared to the outflows of Bitcoin ETFs.

BitMine, a large crypto individual, also increased its holdings of 69,822 ETH, valued at more than $200 million, last week. BitMine currently possesses some 3.63 million ETH, or some 3% of the Ethereum supply.

Analyst Predicts Ethereum’s Slow Bullish Momentum Ahead

According to a crypto analyst, the Ethereum price is currently experiencing a stage of slow bull mode, meaning there is a gradual increase in the price. The trend indicates that the cryptocurrency is undergoing an extended bullish cycle.

A close examination of the weekly chart can point out the same trends as the other bullish cycles, with the bottoms being made, and can be an indication of further upward momentum. Ether seems to be on the way to repeating the trends of the past, which supports its bullish future.

What Next For Ethereum Price?

The latest ETH price climbed to $2,903 as of November 25, 2025. In the recent past, the Ethereum price has been quite volatile, with a trade range of $2,700 to $3,300. The price movement indicates the consolidation phase, and traders are keenly observing major levels of support and resistance.

If Ether can break above the $3,000 resistance level, there could be a push toward higher targets, making the Ethereum long-range prediction more bullish.

Ethereum Price Holds $2,900 Amid Massive ETF Inflows and BlackRock Purchase
Source: ETH/USD 4-hour chart: Tradingview

The MACD indicator indicates that it has shifted out to a positive momentum. The MACD line has crossed the Signal line. This may show a possible bullish trend in the near future, because the histogram has also gone to the positive side.

The RSI is just around the neutral line of 50, which indicates neutral. Nevertheless, the rise beyond 50 may be a signal of additional bullification power. Conversely, if the price drops below the $2,700 support, we may see further downward pressure.

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Frequently Asked Questions (FAQs)

1. Why is Ethereum's price holding steady above $2,900?

Ethereum's price is being supported by strong ETF inflows and significant institutional purchases, including BlackRock’s Ethereum ETF.

2. What impact has BlackRock's purchase had on Ethereum's price?

BlackRock's Ethereum ETF purchase has increased institutional interest and contributed to Ethereum’s recent price resilience.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

ETH

Ethereum

$2,939.7654 -0.22%

24 Hours volume

$21.38B

Market Cap

$354.03B

Max Supply

NA

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.