Ethereum Reclaims $1,800 As ETF Hopes Meet A Friendlier Macro Tape

Summary

Ethereum rebounded above $1,800 as ETF optimism and a more favorable macro backdrop improved market sentiment. The key takeaway is not the price move alone, but the accompanying evidence of changing market structure, especially shifts in ETH futures open interest and visible flows tracked by Arkham. The update suggests traders are responding to clearer liquidity and positioning signals, while broader narratives around ETF demand, regulatory clarity, and infrastructure improvements remain important. It does not prove a lasting trend reversal or broad adoption, but it adds a concrete data point for how Ethereum is trading in a fast-moving market. The next phase likely depends on whether stronger regulated access and better infrastructure continue to reinforce demand.