ETH Price Pump Trend Analysis and Future Outlook

Ethereum has shown strong performance recently, attracting widespread attention in the market. After a continuous decline in the first four months of this year, the price of ETH has seen a significant rebound, rising by more than 50% in the past month, and surging nearly 150% since the low in April. The main driving force behind this rise comes from the huge demand from ETFs and publicly listed companies.

Looking back over the past 18 months, the fundamental reason for the continuous rise in Bitcoin prices is that new demand has exceeded new supply. Data shows that since the listing of the Bitcoin ETP in January 2024, the amount of Bitcoin purchased by institutional investors has been five times the new supply during the same period.

In contrast, Ethereum has only recently begun to enjoy similar market enthusiasm. The Ethereum ETP was launched in July 2024, but its initial performance was mediocre. However, since mid-May 2025, there has been a significant turning point in the market. The Ethereum spot ETP has attracted a large influx of capital, while several companies have announced that they will include ETH in their financial reserves.

It is estimated that since May 15, the total amount of ETH purchased by ETP and corporate treasuries has reached 32 times the new supply during the same period, which has directly driven the rise of ETH prices.

Looking ahead, this strong demand is likely to continue. Currently, the total scale of Ethereum ETP relative to its market value is still significantly lower than that of Bitcoin, which means there is considerable room for growth. As market interest in stablecoins and tokenization continues to grow, it is expected that the capital inflow into Ethereum ETP will maintain strong momentum.

At the same time, more and more companies are starting to incorporate ETH into their financial reserves, a trend that is expected to accelerate further. It is anticipated that next year, ETPs and asset management institutions may purchase Ethereum worth $20 billion, far exceeding the expected new supply during the same period.

Although ETH and BTC have differences in their supply mechanisms, in the short term, the price of any commodity is mainly determined by supply and demand. Currently, the market demand for ETH has clearly exceeded the new supply, and this supply-demand imbalance is expected to continue driving the price of ETH to rise.

Overall, based on the current market dynamics and future expectations, the price of ETH is expected to maintain its rise momentum. However, investors still need to be cautious, closely monitor market changes, and weigh risks against opportunities.