Ethereum spot ETF inflows are surging amidst a week of aggressive institutional buying.
In August alone, inflows have jumped 44%, now totaling $13.7B. On August 11th, in particular, $ETH recorded its highest-ever single-day inflow: over $1B.
Most of this demand is coming from companies and institutions hoarding $ETH as bullish pressure continues to build.
Considering $ETH has already surged more than 80% in the past two months, now trading around $4,378, the real question is: are big-money players simply chasing price, or do they know something we don’t?
Is $ETH becoming the next $BTC? Read on as we break down why Ethereum’s growth is accelerating.
Plus, we’ll reveal the 3 best cryptos to buy now to ride the upcoming ‘digital silver’ bull run.
What Is Driving Ethereum’s Growth?
Several key factors are fueling ETH’s growth, one of the most important being the GENIUS Act.
It seeks to regulate the issuance and governance of dollar-pegged stablecoins, bringing much-needed clarity and legal context to the broader cryptocurrency markets.
Another major driver is the 401(k) amendment, which now allows cryptocurrencies to be included as an investment option in retirement funds.
This is a huge positive for $ETH, as it opens the doors for both institutional and retail investors to adopt it as a diversification tool.
On the technical side, Ethereum’s upgrade roadmap continues to make the network more accessible and utility-driven.
The recent
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Author: Krishi Chowdhary
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