Bitmain Ether Buys Overshadowed by $345M ETH ETF Outflows: Is Sub-$1.5K the Next Stop?

News Editor

2026-06-30 21:16:47

Despite tokenization and RWA TVL growth underpinning Ethereum’s fundamentals, stagnant DApp activity and persistent spot ETF outflows are weighing on ETH price. Miners’ buying is eclipsed by $345 million in ETF redemptions, raising concerns that ETH could slide below $1,500.

EthereumETHETF outflowsRWAtokenizationminer buying$1500 supportmarket analysis

Ethereum’s market is showing mixed signals. On one hand, tokenization and the growth of Real-World Asset (RWA) total value locked (TVL) underscore the resilience of Ethereum’s fundamentals. On the other hand, declining DApp activity and a sustained outflow from spot Ethereum ETFs—totaling $345 million in a single instance—are putting significant downward pressure on ETH price.

Bitmain Ether Buys Overshadowed by $345M ETH ETF Outflows: Is Sub-$1.5K the Next Stop? 2

Miners’ recent Ether buying activity has been largely overshadowed by the scale of ETF outflows. With ETH currently trading around $1,800, the next major psychological support at $1,500 could come into play if the selling pressure continues. The market is closely watching whether the bull case holds or if a deeper correction is imminent.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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