🚀 Ethereum Rockets Beyond $4,400: ETF Frenzy & Corporate FOMO Fuel 21% Weekly Explosion

Wall Street's new crypto crush just hit hyperdrive. Ethereum isn't just climbing—it's leaving gravity behind with a blistering 21% weekly surge.

The ETF Effect

Institutional money floods in as regulated crypto products finally give tradfi suits their 'safe' exposure. Too bad they're late to the party—retail degens already packed the bags.

Corporate Buying Spree

Blue-chip balance sheets now sport ETH like a status symbol. Treasury diversification? More like FOMO at $4,400 after ignoring it at $400.

The second-largest blockchain isn't playing for silver anymore. With fundamentals this strong and adoption accelerating, even Bitcoin maximalists are sneaking ETH allocations. Just don't tell their Twitter followers.

ETF Demand Surge Creates Supply Crunch

Ethereum spot ETFs recorded $1.02 billion in inflows on August 12, the largest single-day total since their launch in July. BlackRock’s ETHA ETF accounted for $426 million, according to sources. This demand now absorbs 3.2 times the daily ETH issuance – with 2,600 ETH created post-EIP-1559 burns versus 8,400 ETH bought via ETFs in a single day.
ETF holdings now represent 4.7% of Ethereum’s circulating supply, creating structural supply pressure that could sustain price momentum. Analysts are also watching the SEC’s decision on XRP ETFs, expected by August 15, which could trigger a broader cross-asset rally in digital assets.

Corporate Treasury Arms Race

BitMine Immersion announced a $24.5 billion stock sale to purchase Ethereum, following SharpLink’s $389 million raise earlier this month. Public companies now hold 1.15 million ETH (worth about $5 billion) – an 84% increase since July.
Treasury strategies are increasingly mirroring MicroStrategy’s high-profile Bitcoin accumulation, with ethereum now being treated as “productive collateral” through staking yields of around 3% annually.

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Bitcoin Pushes Past $122,000 as ETF Inflows and Corporate Buys Spark Bullish Momentum

Standard Chartered projects that corporates could hold 10% of Ethereum’s total supply by 2026, up from just 1% today.

Technical Breakout Signals More Upside

Ethereum’s rally is reinforced by a bullish MACD crossover and an RSI reading that confirms strong momentum. The ETH/BTC ratio has risen 18% month-to-date, signaling a notable capital rotation from Bitcoin into Ethereum.
With macro conditions potentially turning more favorable and both ETF and corporate demand surging, Ethereum’s path toward retesting all-time highs appears increasingly plausible – especially if the expected Fed rate cut in September materializes.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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