The post Grayscale Applauds GENIUS Act for Boosting Ethereum’s Crypto Prospects appeared on BitcoinEthereumNews.com.

Key Points: Grayscale views GENIUS Act as pivotal for Ethereum growth. Ethereum may benefit from policy changes in 7 words. Stablecoin guidance could increase ETH’s market role. Grayscale states the GENIUS Act’s regulatory clarity could drive Ethereum investment opportunities. This aligns with new crypto-friendly US policies, potentially enhancing Ethereum’s role in stablecoins and smart contracts. The GENIUS Act introduces crucial regulatory frameworks favoring Ethereum, strengthening its market position. Grayscale anticipates a positive trend in institutional interest, corroborated by SEC filings regarding stablecoins and asset management strategies. GENIUS Act Spurs Institutional Ethereum Adoption Ethereum sees positive implications from the Trump administration’s welcoming regulatory climate. Grayscale highlights these changes, which align with policy shifts favorable to crypto markets. This encourages broader adoption of Ethereum’s smart contracts by institutional investors, driven by the GENIUS Act. Senator Gillibrand emphasized the GENIUS Act’s role in cementing the US dollar’s supremacy through regulatory clarity. Vivek Raman contended: Until now, Ethereum’s role was underappreciated. But with regulators finally outlining the rules of engagement, Ethereum’s role as the backbone of tokenized finance is harder to ignore. From anchoring stablecoins to powering smart contract settlement, ETH will be one of the standout beneficiaries of the GENIUS Act. “Until now, Ethereum’s role was underappreciated. But with regulators finally outlining the rules of engagement, Ethereum’s role as the backbone of tokenized finance is harder to ignore. From anchoring stablecoins to powering smart contract settlement, ETH will be one of the standout beneficiaries of the GENIUS Act.” Ethereum’s Performance and Regulatory Influence in 2023 Did you know? The MiCA regulation’s success in the EU mirrors the GENIUS Act’s potential, historically buoying compliant assets like Ethereum while leaving non-conforming networks behind. Ethereum (ETH) trades at $2,517.43 with a market cap of $303.90 billion and a 9.13% dominance, reports CoinMarketCap. A 42.94% price rise…

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Filed under: News - @ July 5, 2025 3:25 pm