Spot Ethereum ETFs Could Witness Massive Uptick in H2 2025, Bitwise CIO Suggests

Ethereum Advances to $2,601 as Institutional Interest Builds and Robinhood Plans Blockchain on Arbitrum

Ether (ETH) climbed to $2,601 on July 2, breaking out after more than 16 hours of tight trading, based on CoinDesk Research’s technical analysis.

The price rally reflects increasing institutional confidence in Ethereum’s growing role as the backbone for tokenized financial assets, alongside steady inflows into spot Ethereum ETFs.

Further fueling optimism, Robinhood announced on X (formerly Twitter) that it’s developing “Robinhood Chain,” a blockchain project using Arbitrum, Ethereum’s Layer-2 scaling solution. Although no specific timeline was given, the announcement highlights Ethereum’s central place in enabling tokenized markets. The Ethereum Foundation responded by posting: “Ethereum is for tokenized stocks.”

Meanwhile, Bitwise’s Chief Investment Officer, Matt Hougan, expressed confidence that spot Ethereum ETFs could see substantial growth in the second half of 2025. In response to the Ethereum Foundation’s post, Hougan remarked that combining stablecoins and tokenized equities on Ethereum creates an attractive narrative for traditional investors. He pointed out that Ethereum ETFs took in $1.17 billion in net inflows during June and projected that figure could climb further as enthusiasm continues.

Market observers believe the mix of staking, tokenized financial products, and expanding Layer-2 infrastructure is drawing increasing institutional attention toward Ethereum.

With nearly 30% of ETH’s circulating supply now staked and Layer-2 adoption accelerating, Ethereum is solidifying its role as core infrastructure for the future of tokenized finance. Traders are now closely watching the $2,800 resistance level, as a breakout above it could drive further bullish momentum in the months ahead.

Technical Analysis Highlights

• ETH rose from $2,413 to $2,570 during the 24-hour window ending July 2 at 18:00 UTC, a 6.49% gain.
• Price traded sideways between $2,380.83 and $2,460.27 for over 16 hours before the breakout initiated at 14:00 UTC.
• ETH spiked 2.44% at 16:00 UTC, with volume jumping to 3.5 times the daily average.
• Strong support appeared at $2,554.06, helping prices hold steady despite profit-taking.
• In the final hour of trading, ETH climbed from $2,560.29 to $2,577.00, a 0.65% increase accompanied by a 30% volume surge.
• The sequence of higher lows and a strong close near the session high suggests continued bullish momentum.