Spot Ethereum ETFs Poised for Significant Growth in H2 2025, According to Bitwise’s Chief Investment Officer

Ethereum Hits $2,601 as Institutional Demand Rises and Robinhood Announces Blockchain Built on Arbitrum

Ether (ETH) reached a high of $2,601 on July 2 after breaking out of a tight 16-hour consolidation phase, according to data from CoinDesk Research’s technical analysis model.

The price uptick is being fueled by growing institutional interest in Ethereum’s expanding use case for tokenized financial products, along with steady inflows into newly launched spot ETH ETFs.

Contributing to this momentum, Robinhood announced plans to build its own blockchain—called Robinhood Chain—using Arbitrum, a Layer-2 solution built on Ethereum. The company shared the news via X (formerly Twitter), describing the project as part of its vision to support the future of asset ownership. The Ethereum Foundation responded enthusiastically, stating: “Ethereum is for tokenized stocks.”

In a related development, Bitwise CIO Matt Hougan predicted that spot Ethereum ETFs will see accelerated growth in the second half of 2025. In response to the Ethereum Foundation’s post, Hougan commented that the integration of stablecoins and tokenized equities on Ethereum presents a compelling and accessible story for traditional investors. He noted that Ethereum ETFs attracted $1.17 billion in inflows during June, with the potential for that figure to rise significantly.

Market analysts say the convergence of Ethereum staking, Layer-2 innovation, and real-world asset tokenization is making Ethereum increasingly attractive to long-term institutional players.

With nearly 30% of Ethereum’s total supply now staked and usage of Layer-2 scaling solutions expanding, Ethereum is positioning itself as a key platform for financial infrastructure in the digital economy. Traders are now focused on the $2,800 resistance level, which could trigger further bullish movement if breached.

Technical Highlights

ETH rose from $2,413 to $2,570 during the 24 hours ending July 2 at 18:00 UTC—a gain of 6.49%.
Price remained range-bound between $2,380.83 and $2,460.27 for 16 hours before a breakout began at 14:00 UTC.
At 16:00 UTC, ETH jumped 2.44% with trading volume reaching 3.5x the daily average.
Buyers held key support at $2,554.06 even amid some profit-taking.
In the final hour of the session, ETH climbed from $2,560.29 to $2,577.00, gaining 0.65% on a 30% volume increase.
Higher lows and a strong finish near session highs signal sustained bullish momentum.