The Inevitable Rise of Ethereum: A Wilde Take
As the world fixates on Bitcoin, Ethereum has been quietly courting Wall Street, and it seems the romance is blossoming 🌟. For nine consecutive weeks, U.S Spot ETH ETFs have seen net inflows, a testament to the allure of this digital darling.
But what’s truly remarkable, my dear friends, is the sheer magnitude of these inflows. On July 10th, daily ETF inflows reached a staggering $383.10M, bringing the week’s total to a whopping $703 million 🤑. One can’t help but wonder if this is a harbinger of things to come.
After all, as the inimitable Fidelity so astutely observed, Ethereum is not merely a tech stock, but a currency of an emerging economy 💸. It fuels DeFi, acts as collateral, and earns dividends via staking – a true triple threat.
The Tokenization Tango
And then, of course, there’s the tokenization narrative, which has grown in tandem with the stablecoin market 📈. Bitwise projects that the tokenized market could grow by a staggering 4000x in the next few years, making Ethereum an attractive investment opportunity.
Stablecoins, too, have captured the attention of Wall Street, with Fundstrat’s Tom Lee betting big on the stablecoin boom 🎉. And why not? Ethereum controls a whopping 50% of the stablecoin market and over 75% of current tokenized treasuries.

Meanwhile, analyst Ken Teng (Chicken Genius) believes that ETH could hit $4k sooner rather than later 🕰️. “We trend until end July. BTC makes new ATH again, ETH near $4K, rotation is your friend,” he quips.
“We trend until end July. BTC makes new ATH again, ETH near $4K, rotation is your friend.”
The Exchange Inflow metric, too, suggests that selling pressure has declined sharply in July, coinciding with ETH’s surge from $2.2k to $3k 📊.

But, as we all know, the markets are a cruel mistress 😏. ETH’s price may be at a crossroads at the $3k-level, and reclaiming it as a support would be a bullish coup. The Supertrend indicator, however, suggests that the press time value may still be a strong buy 📈.
And yet, the daily RSI has entered an overbought zone, and the rally could cool off if May’s price action repeats itself ❄️.

Read More
- Gold Rate Forecast
- Wrestler Marcus “Buff” Bagwell Undergoes Leg Amputation
- Xbox’s Forza Horizon 5 Sold an Outrageous 2 Million Copies on PS5 in a Month
- Powell’s Exit? A Financial Drama! 🎭
- Anime’s Greatest Summer 2024 Shonen Hit Drops New Look Ahead of Season 2
- xAI’s $300/month Grok 4, billed as a “maximally truth-seeking AI” — seemingly solicits Elon Musk’s opinion on controversial topics
- Spy x Family’s Biggest Cliffhanger May Lead to Nothing
- President Trump: “What the hell is NVIDIA? I’ve never heard of it before” — but is it right to dunk on him?
- IEM Cologne 2025 Pick’Em Challenge: Predict, Compete, and Win with xPlay.gg
- How Much Does a PS5 Equivalent PC Cost in 2025?
2025-07-12 03:16