ETH Price Gains Ground Amid US Crypto Law Shift
The post ETH Price Gains Ground Amid US Crypto Law Shift appeared on BitcoinEthereumNews.com.
Key points: Bitwise analysts said new US crypto laws favor Ether, boosting its role in tokenization and stablecoins. Institutions pile into ETH, with staking ETFs expected to add $20 billion-30 billion yearly. Ether (ETH) was last week’s top performer, as Bitwise analysts called it a “watershed moment” driven by new US crypto laws and a market rotation. The ETH/BTC ratio surged 27%, sparking a 6% decline in Bitcoin dominance and signaling a capital shift toward altcoins. In a weekly market update, Bitwise analyst André Dragosch and Ayush Tripathi said ETH’s rally validates the firm’s thesis on the decreasing valuation gap between ETH and BTC. Ether’s rise was assisted by macroeconomic tailwinds, including the Senate’s bipartisan approval of the Genius Act and House passage of the Clarity Act, both signed into law last week. These measures clarified regulatory oversight and set the stage for broader institutional adoption. According to Bitwise, the Ethereum network is uniquely positioned to benefit, hosting 50% of the stablecoin market cap, crossing $140 billion on Tuesday, and 55% of tokenized asset value. Legislative clarity is expected to unlock further capital formation and product innovation across Ethereum-native ecosystems. 📊MARKET UPDATE: #Stablecoin supply on #Ethereum reaches new all-time high, crossing $140 billion on July 22. The total supply on the network has nearly doubled since early 2024 lows. 👀 (h/t: @tokenterminal) pic.twitter.com/nW0ohlsDID — Cointelegraph Markets & Research (@CointelegraphMT) July 22, 2025 Derivative markets also signaled strong demand, with open interest across top exchanges jumping by $6 billion, while CME futures hit record highs. Meanwhile, Ether exchange-traded products (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. Despite modest volatility concerns, the analysts noted ETH’s fundamentals remain intact. The decline in the SOL/ETH ratio suggests that…
Filed under: News - @ July 24, 2025 2:36 pm