Can Ethereum price reclaim $2,500 as ETF demand battles profit-taking?
Market / Price
Ethereum has slipped 0.1% over the past 24 hours to around $2,485, while more than $1 billion of recent US spot Ethereum ETF inflows have so far failed to push the token sustainably above $2,500. According to Coingecko, ETH was trading at $2,485.53 on Aug. 28, after the price moved as high as roughly $2,555 over the past 24 hours before sellers pulled it back below $2,500. As of press time, the token remained up 6.2% over seven days and 32.1% over 14 days, keeping much of the recovery from its August lows intact. US spot Ethereum ETFs have provided one of the main sources of demand behind the recovery.
ETH
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