Is Ethereum Overvalued at Its Current Price?

Ethereum (ETH) price trades at $1,834 today, June 19, but the Ethereum (ETH) spot ETH ETFs that have seen $1.5 billion in outflows in the first half of 2026 are raising concerns around whether the price could be overvalued. These concerns come as the ETH/BTC ratio also drops by 39%, suggesting that the price of