Bitwise CIO: Stocks and Stablecoins Make Ethereum a Strong Narrative for ETF Growth

Bitwise CIO: Stocks and Stablecoins Make Ethereum a Strong Narrative for ETF Growth

The Ether (ETH) price surged to $2,601 on July 2, capping a breakout that began after 16 hours of tight consolidation, according to CoinDesk Research's technical analysis model. The move coincided with growing institutional focus on Ethereum’s emerging role as a platform for tokenized financial products, as well as continued momentum in spot ETF inflows.On June 30, Robinhood confirmed via X that it is building “Robinhood Chain” on Arbitrum to “p…

Ethereum Tokenization Sparks Stock Rally

A renewed surge of interest in Ethereum tokenization has given a strong boost to ether and several related stocks, marking a turning point for the world’s second-largest blockchain platform. As Ethereum (ETH) nears its 10th anniversary at the end of July, investors are revisiting the network’s potential—not just as a cryptocurrency platform but as the foundation for a new era of digital finance. On Wednesday, the price of ether rose 5%, accordin…