Ethereum ETFs are rapidly growing as institutional investors have accumulated 5.43 million ETH
Changes in US policy increase confidence in cryptocurrencies due to new legislation supporting blockchain
ETH has surpassed the $4,000 mark, reaching a high of $4,800, with potential reaching $8,000.
The strong growth of Ethereum above $4,200 has once again made co-founder Vitalik Buterin a network billionaire. The assets in his public wallet now exceed $1.03 billion, a direct result of ETH's weekly growth of 22%, which has caused the network's market capitalization to exceed $510 billion again. The growth is attributed to what appears to be a perfect storm of three tailwinds for Ethereum.

Tailwind #1:
Institutional gateways are open for ETH
Over 5.43 million ETH has already been gathered in spot ETFs on Ethereum, driven by growing confidence from institutional investors. These ETFs may soon offer stable returns if regulators approve them, increasing their appeal.

Alongside ETFs, corporate treasury bonds for Ethereum are gaining traction. Public companies like Bitmine, GameSquare, and BTC are currently purchasing ETH to replenish their balances. According to Standard Chartered, these treasury bond holders have already acquired 1% of the total Ethereum supply since June and may ultimately control up to 10%.

Tailwind #2:
Washington surprisingly supports cryptocurrency

Regulatory sentiments in Washington, D.C. have also notably shifted in favor of cryptocurrencies. President Trump recently signed the GENIUS Stablecoin Act, the first major cryptocurrency bill in the US.

The House of Representatives has also introduced bills against CBDCs and the Clarity Act, aimed at clarifying the control between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These bills are currently under review in the Senate, while a new presidential directive has opened up the opportunity for 401(k)s to invest in cryptocurrency.

This series of positive events expands the ETH investor base, adding another source of capital inflow into Ethereum.

Tailwind #3:
ETH is poised for a major technical breakthrough
Finally, the price chart indicates a bullish trend. Market analyst Megs notes that Ethereum has surpassed the $4,000 mark on its fourth attempt, reaching $4,200—the highest level in this cycle.

This move came after a series of higher lows established since hitting a bottom in 2022, supported by an upward trend line.

A decade of creation. This financial milestone came after a decade of technical success. Here is our report on the 10th anniversary of Ethereum.