Ethereum ETFs Ignite July Rally: Bulls Charge as Institutional Demand Explodes
Wall Street's stampede into crypto just hit overdrive—Ethereum ETFs are printing double-digit gains this month while traditional finance scrambles to keep up.
Why the frenzy? Institutions finally woke up to ETH's triple-threat: yield, utility, and that sweet regulatory semi-approval. Meanwhile, Bitcoin maxis cope by insisting their dinosaur chain still matters.
The real kicker? These ETF flows are soaking up ETH supply faster than a DeFi degens drains a liquidity pool. Cue the inevitable supply shock—because nothing makes bankers FOMO harder than missing the next train while counting their bond coupons.
Most Trending Cryptocurrencies on CoinGecko After Bitcoin’s New ATH
ETF activity has picked up so sharply that nearly 380,000 ETH have been acquired over the past nine days — exceeding the net issuance since the 2022 Merge. Major firms like BlackRock are deepening their exposure, now holding 1.5% of ETH’s circulating supply, worth around $4.5 billion.
If the current pace continues, Ethereum’s price could see further gains — and potentially spark broader altcoin momentum heading into Q3.
