Grayscale has highlighted Ethereum’s growth potential amid evolving U.S. cryptocurrency regulations and legislative advancements such as the GENIUS Act.
The asset management firm noted that emerging crypto-friendly regulatory frameworks could positively impact Ethereum’s trajectory, citing the GENIUS Act as pivotal legislation designed to support blockchain ecosystem expansion.
These policy shifts are anticipated to accelerate Ethereum adoption and influence blockchain infrastructure development across sectors.
In related market activity, Bitcoin led cryptocurrency spot capital net inflows with $105 million recorded on July 4th.