On July 3, 2025, Ethereum (ETH) reached a three-week high of $2,593.05, fueled by growing institutional interest and the approval of Ethereum Exchange-Traded Funds (ETFs). This surge comes despite a year-to-date decline of 24%, with ETH outperforming competitors, including Bitcoin (BTC). (Source: July 3, 2025)
The bullish trend is evident in the performance of related stocks. BitMine's stock soared by 20% after announcing ETH as its primary treasury reserve, and SharpLink Gaming saw an 11% rise. Bit Digital, shifting focus to Ethereum, gained over 6%. (Source: July 3, 2025)
Ethereum ETFs experienced $40 million in inflows on Tuesday, led by BlackRock's iShares Ethereum Trust, with $1.29 billion in inflows since November. Experts highlight ETH's role in tokenizing traditional assets, with stablecoins like Tether (USDT) and Circle's USD Coin (USDC) operating on its network. As of July 3, 2025, the intraday high was $2,612.27, and the intraday low was $2,435.89. (Source: July 3, 2025)