Ethereum Fundamental Analysis: October 19, 2025 – Steady Climb Amid ETF Swings
On October 19, 2025, Ethereum trades around $3,899 (daily open $3,950) after retreating from a monthly high of $4,800. Despite $232 million ETF outflows on October 17, year-to-date inflows exceed $15 billion. Record 36.15 million ETH staked and rising network activity, bolstered by Dencun upgrades, fuel a bullish outlook. Macro tailwinds like Fed rate cuts suggest potential to $7,500 by year-end, though trade tensions amp up volatility. This piece unpacks these drivers.