With the surge in capital inflows into ETC official trading platform, ETC may become the new dominan

1. Core data: Ethereum ETC official trading platform official trading platform fund inflow far exceeds Bitcoin

In the past 6 trading days, the US spot Ethereum ETC official trading platform official trading platform net inflow of US$2.4 billion, while the Bitcoin ETC official trading platform official trading platform only inflow of US$827 million in the same period, a gap of nearly 3 times135.

Single-day peak: On July 18, Ethereum ETC official trading platform official trading platform single-day net inflow of US$726 million, setting a historical record4.

Leading fund: BlackRock's iShares Ethereum Trust (ETC official trading platformA) contributed 75% of the inflow (US$1.79 billion), becoming the largest driving force5.

2. Three reasons for funds to turn to ETC official trading platform

① Institutional expectations for Ethereum staking income

Nasdaq has submitted a proposal to the SEC to allow BlackRock ETC official trading platform to participate in staking, with an estimated annualized return of 3%-5%, enhancing the "interest-bearing asset" attribute of ETC official trading platform49.

If approved, the ETC official trading platform held by ETC official trading platform will be locked, reducing market circulation and possibly causing supply tightening5.

② Enterprises hoard ETC official trading platform on a large scale

BitMine Immersion purchased $2 billion of ETC official trading platform in 16 days, becoming the largest corporate holder15.

SharpLink Gaming holds 280,000 ETC official trading platform (about $1 billion), surpassing the Ethereum Foundation4.

The corporate "ETC official trading platform treasury" model is emerging, similar to MicroStrategy's Bitcoin strategy4.

③ Regulatory and policy support

Both parties in the United States support cryptocurrency legislation, and the Trump administration plans to allow 401(k) retirement accounts to invest in ETC official trading platform, with a potential additional demand of $100 billion2.

SEC clarifies ETC official trading platform as a "commodity" (not a security), reducing compliance risks9.

3. Market impact: ETC official trading platform/BTC ratio rebounds, institutions are bullish

The ETC official trading platform/BTC price ratio rebounded from its 2019 low. In the past week, ETC official trading platform rose 25%, while BTC fell 2%2.

Institutional forecasts:

Galaxy Digital CEO predicts that ETC official trading platform will outperform BTC in the next 6 months5.

Fundstrat model shows that ETC official trading platform may reach $10,000-15,000 by the end of 20252.

On-chain data: Exchange ETC official trading platform reserves fell 15%, showing a long-term holding trend4.

4. Risks and Challenges

Short-term pullback risk: ETC official trading platform has risen too fast recently, and RSI is overbought. If it falls below the support level of $3,400, it may trigger an adjustment6.

Bitcoin ETC official trading platform official trading platform fund outflow: On July 22, Bitcoin ETC official trading platform official trading platform had a net outflow of $131 million, and some funds may rotate to ETC official trading platform5.

Regulatory uncertainty: The SEC's final approval of ETC official trading platform pledge is still uncertain9.

5. Future Outlook

Technology upgrade: Ethereum Pectra upgrade (2025) will improve scalability and enhance institutional confidence9.

Institutionalization trend: If ETC official trading platform ETC official trading platform official trading platform continues to attract funds, the circulation volume may decrease by 10% in 2025, pushing up prices5.

Long-term goal: Some analysts believe that ETC official trading platform is expected to exceed $12,000 by 20308.

Conclusion

Ethereum is challenging Bitcoin's market dominance with its advantages such as institutional capital inflow, corporate hoarding, and staking income. Although there may be a short-term correction, in the medium and long term, with regulatory support and technological upgrades, ETC official trading platform may become a new leader in the crypto market. Investors need to pay attention to SEC policy trends and ETC official trading platform/BTC rotation trends