Ethereum crypto is back on top. It hasn’t become the Web3 “world computer;” NFTs are still dead, but what we’re seeing is corner offices starting to treat it like gold.

3.2 billion hit ETH ETFs in July alone, a stampede that added $150 billion to Ethereum Ethereum 1.15% Ethereum Ethereum ETH Price $1,625.09 1.15% /24h Volume in 24h $9.19B Price 7d Buy with Best Wallet ‘s market value. Here’s where the price is going next and one new presale below that will be working with Ethereum.

Market Cap

ETH Outpaces Bitcoin as ETF Inflows Hit 17-Day Streak

While Bitcoin ETFs have seen money flowing out, Ethereum ETFs are doing the opposite. BlackRock and Fidelity launched new ETH products, and demand hasn’t let up.

“Corporate treasuries are acquiring ETH at twice the rate of BTC,” – Geoff Kendrick, Standard Chartered

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At this pace, Kendrick projects that institutions could control 10% of Ethereum’s total supply, which could top $45 billion by the end of 2025.

ETH has held strong above $3,000, trading at $3,762 as of publishing time,  despite a recent pullback. 99Bitcoins analysts credit staking yields andDeFi integrations as key reasons ETH is outperforming Bitcoin.

SEC Shakes Up ETF Rules with In-Kind Approval

Another major tailwind is that the SEC has finally approved in-kind creation/redemption for crypto ETFs. That means institutions can now exchange ETH or BTC directly for ETF shares, instead of using cash.

“It’s a new day at the SEC, these approvals will make crypto ETPs less costly and more efficient. – SEC Chairman Paul S. Atkins

This rule change is expected to make ETF flows more responsive and dynamic, providing institutions with even more reason to allocate capital to crypto.

Crypto Week Winner: Bitcoin Hyper Smashes 5.8 Million and Is Best New Utility Presale

If you’re looking for a potential winner in Q3 that will eventually connect to Ethereum, Bitcoin HYPER, a Solana-based Bitcoin scaling play, just blew past $5.8 million in presale. One month in, and it’s already moving faster than half the chains claiming “Layer-2.”

The pitch for $HYPER is: to combine Solana speed with Bitcoin security. Bitcoin Hyper uses a zero-knowledge bridge to lock BTC, spits out a wrapped version, and allow investors to stake, swap, launch tokens, and build apps.

(X)

The HYPER presale is entering its final stretch at the current price and to lock in this tier, head to the Bitcoin Hyper site, which has payment options via ETH, USDT, BNB, or card.

HYPER is already spotlighted inside Best Wallet’s ‘Upcoming Tokens’ tab, offering a simplified way to buy and manage tokens. There’s also a 320% APY staking option for those who’d rather stack rewards while the ICO winds down.

For updates and chaos, the HYPER crowd is live on Telegram and X.

Join the Utility Wave with BTC Hyper Now

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

Key Takeaways

  • Ethereum crypto is back on top. It hasn’t become the Web3 “world computer;” NFTs are still dead, but what we’re seeing is corner offices starting to treat it like gold. 
  • Bitcoin Hyper offers speed, low fees, and actual usability through a Layer 2 system now in presale.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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