Ethereum attracted more money in 7 months than in all of 2024
July is closing with a record of 11.2 billion dollars in inflows for all investment funds in digital assets, leaving behind the 7.6 billion of December 2024, recorded after the U.S. elections, according to data from the investment firm CoinShares.
As investors channeled capital into Ethereum, the price of ETH surged by 60% in the last month, reaching 3,800 dollars during the current day. Analysts like Eric Jackson and Arthur Hayes foresee an even greater rise, projecting that the asset could reach 10,000 dollars before the end of 2025. Gert van Lagen goes further, suggesting that ETH could reach 18,000 dollars in the medium term, as reported by CriptoNoticias.
This interest is reflected in the institutional sphere, where 61 entities hold more than 2.31 million units of ETH. BitMine tops the list as the largest holder, surpassing SharpLink Gaming and the Ethereum Foundation.
However, not all digital asset investment funds followed the same trend. Bitcoin (BTC) faced outflows of 175 million dollars last week, marking a contrast with the general trend.
