Regulatory changes and increased activity in the Ethereum market are attracting the attention of experts and investors. The SEC has delayed the decision on the Franklin Templeton ETF, whale activity has risen, and the price of Ethereum holds above $2600.
Expectations for Franklin Templeton Ethereum ETF
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether staking features can be included in Franklin Templeton's Ethereum ETF. Changes to the filing, initially submitted on March 10, 2025, have led to additional regulatory complexities. The SEC has initiated formal proceedings that include a 21-day public comment period.
Under current regulations, the SEC may extend its review timelines before making a final decision.
Whale Activity in the Ethereum Market
Despite regulatory delays, whale activity on the Ethereum network has increased. Wallets holding between 1,000 and 10,000 ETH recorded a net inflow of over 818,000 ETH, valued at approximately $2.5 billion. This level of accumulation has not been seen in over six years. Data shows that the total holdings of these wallets increased from around 11.9 million ETH to over 16 million ETH.
Ethereum Financial Dynamics
As of June 16, 2025, Ethereum is trading at $2651.60, maintaining support above $2600. Recent data indicate that current technical indicators are showing growing optimism. The nearest resistance for Ethereum price is at $2700, with stronger resistance around $2750.
Regulatory concerns and the activity of large investors continue to shape the Ethereum market. Despite uncertainties, there is confidence in prices that may influence the future dynamics of the asset.
