Ethereum ETF Info: Week of Records, Institutions Pouring Billions

❓ What Happened:

🦯 Over the week, American Ethereum ETFs received $2.18 billion — an absolute record.

🦯 On July 22 alone, funds received $533.9 million (almost half — through BlackRock ETHA).

🦯 BitMine increased its holdings to 560,000 ETH (that's already over $2 billion), surpassing SharpLink with their 360,000 ETH.

🦯 Against this backdrop, Tom Lee is once again in a bullish frenzy: target for the end of July — $4,000, for the end of the year — $10,000–$15,000 per ETH.

🔥 Important Dates on the Chart:

🦯 June 13: SharpLink buys back 176,000 ETH

🦯 July 16: BlackRock applies for staking via ETF

🦯 July 18: Trump signs the GENIUS Act (affects fintech)

🦯 July 22: ARK Invest pours $182 million into BitMine

Institutions are starting to get greedy. $ETH is once again the center of attraction for corporations, ETFs, funds — and it seems that $10,000 by the end of the year no longer seems insane. We are keeping an eye on $4,000 and staying tuned.