Ethereum, as of October 21, 2025, includes the Federal Reserve hosting a Payments Innovation Conference with leaders from traditional finance and the crypto world. Additionally, Bitwise is launching four crypto exchange-traded products (ETPs) on the London Stock Exchange for retail investors, including those linked to Ethereum.
Market and institutional developments:
The Fed conference features speakers from Chainlink, Circle, Coinbase, BlackRock, and Google Cloud. They are discussing stablecoins, tokenized products, and AI in payments. This reflects the Fed's growing openness to including digital assets in traditional finance.
Bitwise ETP launch in the UK: After the Financial Conduct Authority (FCA) lifted restrictions, Bitwise is launching four ETPs on the London Stock Exchange. These will provide UK retail investors access to Ethereum and Bitcoin. The launch includes the Bitwise Ethereum Staking ETP (ET32) and the Bitwise Physical Ethereum ETP (ZETH).
VanEck files for a Staked Ethereum ETF: VanEck has submitted a filing for a Staked Ethereum ETF. This adds to market activity and investor interest.
Price and market sentiment:
Market rebound: After a period of volatility, the crypto market is starting to recover. Ethereum has climbed back above the $4,000 mark, even after President Trump announced new tariffs on Chinese goods.
ETF outflows: Last week saw significant outflows of about $300 million from Ethereum-linked ETFs after a price drop to $3,700.
Analyst predictions: Technical analysis shows a risk of ETH falling to $2,600 if it cannot stay above $4,000. However, a rise above $4,300 could push it beyond $5,000. Earlier predictions indicated institutional interest around $4,300 to $4,400.
Binance delisting: On October 20, Binance stopped supporting deposits of Ocean Protocol (OCEAN) through the Ethereum Network (ERC20).
