ETH ETFs Lose $345M as Price Nears $1.5K; Tokenization Remains a Bright Spot

What happened: U.S.-listed Ether ETFs saw $345 million in net outflows since June 17, overshadowing $182 million in ETH accumulation by BitMine Immersion and fresh treasury buys by Sharplink. ETH has failed to hold above $1,600 since late June, threatening a drop below the $1,500 support level. Network fees and DApp revenues have softened, but tokenized real-world assets (RWA) on Ethereum reached $14.5 billion.

Why it matters: Persistent ETF outflows and declining on-chain revenues cast doubt on Ethereum’s near-term price stability, despite ongoing institutional and treasury accumulation. The growth in tokenized assets offers a counter-narrative, suggesting that Ethereum’s underlying utility may be diverging from speculative flows, but it is not yet enough to offset broader bearish sentiment.

Source: Cointelegraph