Ether emerges as winner after crypto’s ‘watershed moment’: Bitwise

Key Points

1. ETH was the top performer last week, with the ETH/BTC ratio surging 27%, signaling a capital shift toward altcoins.

2. Pro-crypto US legislation, including the Genius Act and Clarity Act, provided regulatory clarity, boosting ETH's position.

3. The Ethereum network hosts 50% of the stablecoin market cap ($140 billion) and 55% of tokenized asset value, reinforcing its utility.

4. Institutional demand for ETH surged, with Ether ETPs recording $2.1 billion in inflows and major firms increasing their ETH holdings.

5. ETH staking ETFs are expected to attract $20–30 billion yearly, with 51 institutions already holding 1.26% of ETH's supply in staked assets.