Ethereum

ETH-focused ETFs saw withdrawals in the second half of December, with weekly outflows exceeding $600 million, according to recent flow data. Selling was led by BlackRock's product, and ETH traded just below $2,900 during the period. Early-week capital exits reduced buy-side support, keeping the near-term outlook defensive.

As of mid-December 2025, BitMine Immersion Technologies reported holding 3,967,210 ETH, plus Bitcoin, cash and an equity stake, with total crypto and cash assets of about $13.2 billion-$13.3 billion. Its market capitalization of roughly $13 billion leaves the stock trading largely as a proxy for its digital asset treasury, making dilution, full balance sheet details and shifting accounting rules central to how investors judge BMNR’s equity value.

Spot XRP ETFs have logged 25 consecutive trading days without net outflows since the Nov. 13 U.S. launch, reaching $1.070 billion in cumulative net inflows by Friday. Weekly additions of $82.04 million surpassed BTC and ETH products, which saw nearly $500 million and $650 million outflows, while Solana funds remained positive for 12 straight days.

Ethereum is confined between a long-standing descending trendline and a major $2.5K support on the daily chart, with volatility shrinking and rallies fading. On-chain flows turned cautious in the week beginning December 15, as spot ETH ETFs saw over $600M in net outflows, including roughly $467M from BlackRock's ETHA, according to Shayan.

In mid-December 2025, new Ethereum wallet creation rebounded sharply after a period of subdued network activity, with daily new addresses briefly approaching 200,000. ETH remains below $3,000, but some analysts argue the asset is building momentum for a significant move, projecting potential upside toward $3,700 and a stronger performance against bitcoin.

Swift said in late September 2025 it began designing a shared blockchain ledger with a group of 30+ banks and will prototype it with Consensys. At the same time, Ethereum’s exchange supply ratio is about 0.137, marking its lowest reading since 2016, while charts show ETH near $2.9K.

Bitcoin Hyper (HYPER) positions itself as a Bitcoin Layer 2 integrating Solana's SVM to deliver faster, lower-fee transactions and smart-contract support. According to CryptoDnes, its presale has raised more than $29.6 million, with the token priced at $0.013445 for two more days before the next stage, and the protocol is expected to launch in 2026.

On December 20, 2025, the Museum of Modern Art added eight CryptoPunks to its permanent collection, recognizing the series' significance in digital and cultural history. According to CryptoPunks, the gift was facilitated by donors including Mara Calderon and ArtOnBlockchain, with additional contributions from collectors, and the collection continues to show steady market activity.

Ethereum developers have set the name "Hegota" for the network's second planned 2026 hard fork, which will follow the Glamsterdam upgrade. The lead feature for Hegota has not been chosen, and the chain operates on a twice‑yearly release cadence. Glamsterdam is expected in the first half of 2026, with Hegota slated for later that year.

Uniswap is holding a final governance vote on its Fee Switch Activation Proposal from December 19 to December 26. If approved, a two-day timelock would precede a burn of 100 million UNI and the activation of v2 and v3 mainnet fee switches, affecting LP earnings. UNI was $5.31 with a $3.35 billion market cap on December 20, 2025, per CoinMarketCap.