Key Highlights:
- Record Inflows: In July, ether ETFs attracted $5.4 billion, matching Bitcoin ETFs.
- Growing Demand: Corporate treasury purchases are increasing, influenced by expected SEC approvals.
- Positive Outlook: JPMorgan anticipates a further rise in ether holdings within both ETFs and corporate finances.
JPMorgan has noted that Ether (ETH) has outshined Bitcoin (BTC) recently due to substantial investments in spot ETFs and increasing interest from corporate treasuries. This surge is notably driven by the SEC’s expected approval of staking for Ether ETFs, allowing for enhanced liquidity and reduced costs.
Additionally, corporate interest is climbing, with several firms now holding ether representing approximately 2.3% of the total circulating supply. This trend is supported by the evolving regulatory landscape around liquid-staking tokens and anticipated in-kind redemptions for crypto ETFs, further improving ether’s competitive position against bitcoin.
The report highlights that institutional investors are optimistic about generating yield from ether ETFs as technical barriers are lowered. With strong corporate treasury support and a favorable regulatory environment, ether’s position in the market is expected to strengthen even further.
