
Overview
On July 15, 2025, Eric Jackson, the founder and president of the Canadian hedge fund EMJ Capital, made a compelling case for why his firm firmly believes that ether (ETH) is on track to reach a milestone price of $10,000 in this current bullish market cycle.
Key Insights
- Jackson discusses his views on the impending developments that could positively affect the ether market.
- As of the publication, ETH was trading around $3,000 despite the broader cryptocurrency market experiencing downward trends, heavily influenced by a significant price drop in bitcoin.
Market Predictions and Strategies
Jackson noted that the anticipated approval of staking for ETH exchange-traded funds (ETFs) by October 2025 could serve as the actual catalyst for price surges rather than already available ETFS. This change is expected to convert ether into a yield-generating asset appealing to institutional investors.
Market Insights
The market analysis suggests a potentially bullish outcome for Ethereum, especially with the increasing institutional interest.
Institutional Investment Impact
Jackson emphasized that the projected approval of staking is likely to correlate with an increase in institutional demand, a decrease in circulating supply, and the influx of passive investments transitioning from traditional finance avenues into zEther investment opportunities. Additionally, the deflationary nature of Ethereum’s tokenomics and the increasing transaction fees could enhance ETH’s valuation further.
Closing Remarks
In Jackson’s analysis, he envisions a conservative price forecast of $10,000, while remaining optimistic about a potential rise above $15,000 should the circumstances align favorably. He reiterated that while Bitcoin commands market visibility, Ethereum is setting itself up as a fundamental support structure for the cryptocurrency sector.
As SharpLink Gaming recently announced strong support for ETH, holding a substantial amount of ether assets, this signals a promising direction for investors looking to capitalize on Ethereum’s anticipated growth.