@All

Summary analysis from the Davis Team:

Ethereum (ETH) reaches a new ATH: ETH surpasses 4,867 USD, the first time since November 2021, up 250% from the bottom of 1,385 USD in April. Just on Friday, ETH rose 14% after signals from the Fed indicating a possible 0.25% interest rate cut in September.

Signals from the Fed: Chairman Jerome Powell at Jackson Hole emphasized flexible policy adjustments, creating a favorable environment for risk assets like ETH.

ETF and corporate capital flows: ETFs attracted a net 287.6 million USD on August 21, with total assets under management exceeding 12.12 billion USD. Companies like BitMine and SharpLink are holding 1.6 billion USD in ETH, raising total corporate holdings to 29.75 billion USD.