EthereumPoW (ETHW) Price Prediction

Deep Dive

1. ETF Exposure Volatility (Mixed Impact)

Overview: ETHW’s inclusion in Bitwise’s ETF ($ETHW) has driven sporadic demand, with $24.79M inflows on August 7, 2025, countered by $40.3M outflows days later. These shifts reflect institutional hesitancy toward niche Ethereum forks.

What this means: ETF flows directly impact buy/sell pressure. Sustained inflows could lift ETHW’s $158M market cap, but sudden redemptions – like the $152M sector-wide outflow on August 1 – risk cascading sell-offs.

2. Exchange Support Erosion (Bearish Impact)

Overview: Bitfinex delisted ETHW on July 9, 2025, citing “market trends.” This follows DigiFinex’s 2022 pre-Merge ETHW futures launch, highlighting dwindling exchange backing over time.

What this means: Reduced trading venues lower liquidity (current 24h volume: $11.2M) and amplify price swings. The 12.25% volume drop last week suggests thinning market depth.

3. Proof-of-Work Sentiment (Neutral Impact)

Overview: ETHW’s core value proposition – maintaining Ethereum’s original mining model – faces relevance tests as 78% of ETH’s supply shifts to staking post-Merge.

What this means: While loyal miners sustain the chain (hashrate steady at ~20 TH/s), declining developer activity vs. Ethereum L2s limits upside. RSI 47.96 shows no extreme bullish/bearish bias.

Conclusion

ETHW’s trajectory hinges on balancing institutional ETF interest against shrinking exchange support, with technicals suggesting consolidation between $1.39 (Fibonacci support) and $1.62 (23.6% resistance). Will Bitwise’s ETF reverse its $40M outflow trend to stabilize the token?