Ethereum Price Breaks Out as GENIUS Act Triggers $2.18B ETF Inflows
Main Idea
Ethereum is experiencing significant growth due to legislative support, increased capital inflows, and rising market confidence, with the GENIUS Act and ETF investments acting as key catalysts.
Key Points
1. The GENIUS Act, signed into law by President Trump, formally recognizes Ethereum, boosting demand from banks, fintechs, and tokenization projects.
2. U.S. spot ETH ETFs saw unprecedented inflows, totaling $2.18 billion last week, with a daily high of $602 million.
3. Ethereum's price surged 25–45% over two weeks, reaching $3,790, driven by technical breakouts and fundamental momentum.
4. Ethereum's market cap nears $416 billion, ranking it among the top 30 global assets, supported by on-chain activity and whale accumulation.
5. Since July 1, around 23 whales/institutions acquired 681,103 ETH, valued at approximately $2.57 billion.
Description
The post Ethereum Price Breaks Out as GENIUS Act Triggers $2.18B ETF Inflows appeared first on Coinpedia Fintech News Ethereum is riding a powerful wave this week, fueled by both legislative clarity and growing institutional momentum. According to Bernstein analysts, the stablecoin-focused GENIUS Act has given Ethereum its long-awaited “moment,” as investors rush to capitalize on a more transparent, mainstream-ready crypto environment. Record capital is pouring into Ethereum’s ecosystem. U.S. sp...
Latest News
- South Korea’s Ruling Party Pushes to Speed Up Bitcoin Laws After U.S. Genius Act2025-07-22 14:14:51
- 3 Altcoins Primed to Follow Pepe Coin’s (PEPE) Legendary 10,000% Surge2025-07-22 13:50:45
- $100 in Shiba Inu (SHIB) Today Could Become $1000 By 2026, But This Meme Coin Offers a 14026% ROI Opportunity2025-07-22 13:49:48
- Tron (TRX) Sees Whale Exit, Funds Moving to High-Yield Presale With 3000% Target2025-07-22 13:36:44
- Fact Check: Did China Approve XRP National Reserve Worth $40B?2025-07-22 13:34:31