“Over the last month, spot stock exchange funds on the basis of the second -capitalization of cryptocurrency in the United States have raised $ 2.45 billion, which is approximately 500,000 ETH. From the release of The Merge, the network released 456 723 ETH. Source: Sosovalue. The current week has also been a record: investors invested $ 2.27 billion in nine spotting Ethereum-ETF. According to Standard Charterred, demand support and […]”, – WRITE: Businessua.com.ua
Over the last month, spot stock exchange funds on the basis of the second -capitalization of cryptocurrency in the United States have raised $ 2.45 billion, which is approximately 500,000 ETH. From the renewal The Merge network has released 456 723 ETH.
Source: Sosovalue.
The current week has also been a record: investors invested $ 2.27 billion in nine spotting Ethereum-ETF.
Standard Chartered estimates that corporate players such as Bitmine and Sharplink are also in demand. Since June, they have purchased 2.3 million ETH (1.9% of the market supply). During the same period, ETF accumulated 3.8% of Ethereum emission.
The Bank forecasts an increase in ETH to $ 7500 by the end of the year. According to experts, companies will continue to buy a coin, which can bring their total share of up to 10% of the total offer.
The BTC Markets analyst Rachel Lucas has named such accumulations with strategic and long -term accumulation. This, she said, “removes considerable liquidity from the market.”
“When record tributaries in ETF are combined with corporate and sovereign investments, deep structural demand for limited supply is formed. It is a recipe for a sustainable price increase and the signal that digital assets have become an integral part of the global capital markets, ”she summed up.
At the time of writing Ethereum, about $ 4750 is traded, approaching the historical maximum of $ 4878, recorded in January, according to Coingcko.
The average daily number of transactions in the Ethereum network is kept near record values, exceeding 1.8 million.
