The GENIUS Act, signed by President Donald Trump, has resulted in record $2.18 billion inflows into Ethereum ETFs, highlighting institutional investors' confidence in the cryptocurrency.
Inflows into Ethereum ETFs Post-GENIUS Act
The GENIUS Act clarifies stablecoin regulations, enhancing Ethereum's role in institutional finance and triggering significant market reactions. The signed legislation has led to an unprecedented $2.18 billion in Ethereum ETF inflows last week.
Ethereum ETF Inflows Outpace Bitcoin
Ethereum ETF inflows have reached a record $2.18 billion, surpassing Bitcoin's for the first time in the U.S. Increased regulatory confidence from the GENIUS Act has encouraged significant whale accumulation of Ethereum.
Historical Milestones and Potential Ethereum Price Surge
Regulatory clarity milestones, like ETF approvals, often drive long-term asset rallies. The recent surge in Ethereum inflows mirrors past institutional inflow spikes for various assets. Analysts believe that current whale accumulation and regulatory clarity may lead to sustained increases in Ethereum's price. According to an analyst from Bernstein, 'The GENIUS Act is the launchpad for a blockchain financial services cycle, positioning ETH as the key asset for new fintech activity.'
In conclusion, the GENIUS Act has significantly impacted the Ethereum market, ensuring record inflows and demonstrating growing institutional trust among investors.
