<ul data-eligibleForWebStory="true"><li>Institutions like BlackRock have accumulated $240 million worth of Ethereum (ETH) in anticipation of the spot ETF launch.</li><li>There is a focus on future SEC approval of staking-based ETFs, which could provide passive income opportunities through ETH staking.</li><li>Ethereum's deflationary supply post-merge and tokenization of Real World Assets (RWA) on its network make it an attractive investment option for institutions.</li><li>Retail investors are observing institutional movements towards ETH, indicating a potential shift in the market.</li><li>The current Ethereum price is around $2,533, holding above the support level of $2,475, with resistance at $2,591 and $2,732.</li><li>Chart analysis suggests ETH must surpass the 200 EMA at $2,591 to confirm bullish momentum and target a breakout above $2,732 towards $3,000+.</li><li>Ethereum's price path to reach $10,000 involves factors like increasing institutional interest, upcoming ETFs, reducing supply due to staking and burning mechanisms, and its dominance in various crypto sectors.</li></ul>

Ethereum to $10,000 in 2025? Why Institutions Are Betting Big on ETH

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