Analysis: Wall Street Signals of Recognition Grow, Ether Climbs to Four-Year High
2025-08-12 08:14:36
Ether-focused exchange traded funds in the US recorded their biggest daily inflows as the second-largest cryptocurrency, ether, climbed to its highest level in almost four years. On Monday, spot Ether ETFs combined attracted inflows of just over $1 billion, according to data. So far this year, the total inflows to the nine funds have exceeded $8.20 billion. Ether-focused "treasury companies", which continue to expand their digital asset reserves, have proved to be an important driver of the token's rise. So-called "digital asset treasury companies (DATs) " have so far absorbed more than $15 billion worth of ether, according to data compiled by Strategic EthReserve.xyz. "The recent passage of stablecoin legislation and the speech by the chairperson of the Securities Exchange Commission on cryptocurrency initiatives show that the Ethereum blockchain behind Ethereum is ready to win over Wall Street," said Peter, head of research at quantitative trading firm Presto.
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