Ether Spot Exchange-Traded Funds (ETFs) have grown steadily since their debut in the US in July 2024, but the Treasury Department of Tokens has also increased.
According to the Cryptocurrency Research Platform, inflows into Ether (ETH) funds rose 44% this month, up from $9.5 billion on August 1 to $13.7 billion on August 28th. Market participants say new institutional demand is driving momentum.
“After a long period of unperformance compared to bitcoin and sour investors’ sentiment, Ethereum has recently experienced a significant revival, recognising both its adoption rate and value proposition,” Signum’s chief investment officer, Fabian Dori told Cointelgraf.
ETH ETF net inflow. sauce: sosovalue.com
Behind investors’ appetites, more and more companies are adopting ETH-based Ministry of Corporate Treasury. Bitcoin (BTC) is the cryptocurrency most associated with finance companies, but the etheric treasury between companies is growing steam.
According to StrategyEthreserve, the company currently owns 4.4 million ETH or 3.7% of its supply, worth $191.8 billion at the time of writing.
“The powerful factors for that are regulations such as genius that provide traditional investors with the comfort of building infrastructure and use cases with this new technology,” Dori said.
Ether prices rose nearly 27% in August to $4,316 on Friday, from around $3,406 on August 1st, supported by investor demand through Ether’s Treasury Department and ETFs, according to Cointelegraph Markets Pro.
“Treasury companies are large buyers,” Jeffrey Kendrick, Head of Digital Asset Research at Standard Chartered, told Cointelegraph. “They won’t sell, so yes, the impact will remain.”
As of Thursday, the Ministry of Corporate Finance combined with ETF ETH holdings. sauce: Strategic
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Ethereum roadmap enter “critical inflection points”
Industry watchers are optimistic about the Ethereum outlook, but say the coming months will be important to the network’s ecosystem. “The Ethereum roadmap is at a critical inflection point,” a Bitfinex analyst told Cointelegraph.
” Future upgrades are set to significantly improve the efficiency and enabled usability of smart contracts.
“On the other hand, reopening and growth of L2 rollup activities via Eigenlayer have generated real protocol revenues and bring developer attention back to the ecosystem.”
Ethereum is steadily moving forward with its upgrade cadence, with key milestones towards scalability and long-term global utilities.
The May Pectra upgrade introduced the expanded Validator Caps and Account Abstraction on November 5th, with Fusaka Hard Fork configured with Fusaka Hard Fork, which implements Peerdas to mitigate node workloads and improve data availability.
Meanwhile, Ethereum’s revenue generation has not yet kept up to momentum. Over the past 30 days, the network has generated $41.9 million in the same period with a small fee revenue of $433.9 million from Tron.
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