- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Presto Research Director: Ethereum is Ready to Win Wall Street's Approval
BlockBeats News, August 12th, as the second-largest cryptocurrency ETH surged to its highest level in nearly four years, the U.S. Ethereum spot ETF saw its largest single-day inflow of funds. Data shows that on Monday, the Ethereum spot ETF attracted a total of slightly over $1 billion in inflows. So far this year, the total inflow of these 9 funds has exceeded $8.2 billion.
It turns out that the focus on ETH by "treasury companies" is an important driver of the token's rise. These listed companies continue to expand their digital asset reserves. According to data compiled by Strategic EthReserve.xyz, the so-called "digital asset treasury companies" have so far absorbed over $15 billion worth of ETH. Peter, research director at the quant trading firm Presto, said: "Recent stablecoin legislation and the cryptocurrency roadmap outlined by the Chairman of the U.S. Securities and Exchange Commission both indicate that the Ethereum blockchain behind Ether is ready to win Wall Street's approval." (Gold10)
You may also like
Ten Thousand Words Interpretation of STRC: Strategy for Making Money to Buy Coins New Magic
What competitive advantages are still defensible in the AI era?
For Whom the Bell Tolls, For Whom the Lobster Feeds? A Dark Forest Survival Guide for the 2026 Agent Player
Circle CEO's Latest Interview: Stablecoins Are Not Cryptocurrency
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Why did the star Web3 project Across Protocol choose to abandon DAO?
In fact, ETH scaling is a major benefit for L2
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
The Cryptographic Past of the Middle East
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
App