On July 16, CoinWorld reported that on Wednesday, U.S. stocks related to Ethereum reserves surged strongly, with GameSquare (GAME.US) soaring over 40%, BTCS Inc (BTCS.US) rising over 22%, Bitmine Immersion Technologies (BMNR.US) increasing over 15%, Bit Digital (BTBT.US) gaining over 12%, and SharpLink Gaming (SBET.US) climbing over 11%. In terms of news, the price of Ethereum approached $3200, rising nearly 3% within the day. Additionally, during this week referred to as 'Crypto Week', the U.S. House of Representatives will review three bills aimed at comprehensive reform of U.S. cryptocurrency policy. Analysts from TPICAP's digital asset division stated in a report that this could pave the way for greater institutional adoption of cryptocurrencies.