Key factors:
Bitwise analysts stated new US crypto legal guidelines favor Ether, boosting its position in tokenization and stablecoins.
Establishments pile into ETH, with staking ETFs anticipated so as to add $20 billion-30 billion yearly.
Ether (ETH) was final week’s prime performer, as Bitwise analysts known as it a “watershed second” pushed by new US crypto legal guidelines and a market rotation. The ETH/BTC ratio surged 27%, sparking a 6% decline in Bitcoin dominance and signaling a capital shift towards altcoins.Â
In a weekly market update, Bitwise analyst André Dragosch and Ayush Tripathi stated ETH’s rally validates the agency’s thesis on the reducing valuation hole between ETH and BTC. Ether’s rise was assisted by macroeconomic tailwinds, together with the Senate’s bipartisan approval of the Genius Act and Home passage of the Readability Act, each signed into legislation final week. These measures clarified regulatory oversight and set the stage for broader institutional adoption.
In line with Bitwise, the Ethereum community is uniquely positioned to profit, internet hosting 50% of the stablecoin market cap, crossing $140 billion on Tuesday, and 55% of tokenized asset worth. Legislative readability is anticipated to unlock additional capital formation and product innovation throughout Ethereum-native ecosystems.
đź“ŠMARKET UPDATE: #Stablecoin provide on #Ethereum reaches new all-time excessive, crossing $140 billion on July 22. The entire provide on the community has practically doubled since early 2024 lows. đź‘€
(h/t: @tokenterminal) pic.twitter.com/nW0ohlsDID
— Cointelegraph Markets & Analysis (@CointelegraphMT) July 22, 2025
Spinoff markets additionally signaled robust demand, with open curiosity throughout prime exchanges leaping by $6 billion, whereas CME futures hit report highs. In the meantime, Ether exchange-traded merchandise (ETPs) recorded $2.1 billion in inflows, and Ether treasury holdings surged after The Ether Machine and Dynamix Corp SPAC deal added 400,000 ETH.
Regardless of modest volatility considerations, the analysts famous ETH’s fundamentals stay intact. The decline within the SOL/ETH ratio means that establishments favor Ethereum as the bottom layer for tokenization and TradFi integration.
Related: Ethereum whale nets $9.87M profit as ETH snaps 8-day winning streak
May Ether achieve floor as a Retailer of Worth?
Onchain evaluation platform iCrypto said that Ether may regularly develop into a Retailer of Worth just like Bitcoin (BTC), because of the latest inflow of institutional capital, staking yield and the upcoming staking exchange-traded funds (ETFs). The platform highlighted how establishments have doubled down on ETH as a strategic treasury asset.
Bit Digital offered all its Bitcoin holdings and allotted $172 million to buy over 100,000 ETH, making it one of many largest institutional ETH holders. BTCS Inc. boosted its ETH place to 29,122 ETH after a 221% enhance since late 2024. BitMine Immersion Applied sciences doubled its holdings to 163,000 ETH, whereas SharpLink now holds over 360,807 ETH, second solely to the Ethereum Basis.
This rising demand can also be mirrored in ETH staking curiosity. As of July, 51 organizations have disclosed staked ETH holdings totaling 1.26% of Ether’s complete provide.
The launch of Ether staking ETFs is anticipated by the top of Q3 2025. Whereas spot ETH ETFs have pulled $70 million in every day inflows over the previous yr, including a 3–4% staking yield may entice an additional $20–30 billion yearly.
Related: GENIUS’ ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.
