This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Standard Chartered’s digital assets head Geoffrey Kendrick sees Ethereum’s recent pullback as an attractive buying opportunity with a $7,500 price target by end-2025. Institutional demand continues to surge, with treasury companies and ETFs accumulating 4.9% of circulating ETH since June. Ethereum ETFs are significantly outperforming Bitcoin counterparts, attracting $444 million in single-day inflows.
- Institutional entities have acquired 4.9% of circulating Ethereum supply since June 2024, driving recent price momentum
- Ethereum ETFs attracted $444 million in single-day inflows, doubling Bitcoin ETF inflows of $219 million on the same day
- Corporate treasuries favor ETH over BTC due to staking yields and DeFi leverage opportunities unavailable through US ETFs
📎 Related coverage from: decrypt.co
Other Tags: Geoffrey Kendrick, Standard Chartered