$BTC While the price of Ethereum (Ethereum-ETH) remains confined to a limited trading range, the increasing discourse around investments in exchange-traded funds (ETFs) could soon exert growing pressure on the charts. Since early June, total investments in Ethereum exchange-traded funds (ETH ETFs) have surpassed $1.37 billion. This is not just a coincidence, but a strong signal that Wall Street is gradually increasing its investments in Ethereum.

It is important to note that investments alone will not drive the price of ETH upwards without technical confirmation. Any breakout above the $2,567 mark - supported by trading volume and the crossing of the MACD indicator - could stimulate overall positive sentiment and encourage small investors to buy quickly.