Analysts point to increasing ETH allocations from asset managers like BlackRock, alongside purchases from banks and fintech firms using ETH to cover network fees.

The firm highlights the passing of the GENIUS Act, which officially recognized stablecoins as legal tender in the U.S., as a major catalyst.

With Ethereum dominating the stablecoin landscape, this regulatory clarity is expected to drive even more adoption.

Bernstein also credits the emergence of Ethereum treasury firms, rising inflows into spot ETH ETFs, and increased demand for staking yields as key drivers of the ongoing uptrend.

They believe ETH will remain a central asset in institutional portfolios as tokenized finance and real-world asset adoption expand.

The post ETH on the Rise as Treasury Firms and ETFs Fuel Momentum appeared first on Coindoo.

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Filed under: Bitcoin - @ July 21, 2025 9:01 pm