{"id":43159,"date":"2025-08-20T13:16:46","date_gmt":"2025-08-20T13:16:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43159"},"modified":"2025-08-20T13:16:46","modified_gmt":"2025-08-20T13:16:46","slug":"ether-resurgence-gains-steam-backed-by-spot-etf-demand-and-on-chain-growth-citi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43159","title":{"rendered":"Ether Resurgence Gains Steam Backed by Spot ETF Demand and On-Chain Growth: Citi"},"content":{"rendered":"<div>\n<p>After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday.<\/p>\n<p>The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin\u2019s (BTC) dominance in a way not seen since late last year. This time, however, ether is taking market share rather than ceding it, the report said.<\/p>\n<p>Spot ether exchange-traded funds (ETFs) have seen a surge of demand. Cumulative net inflows now top $13 billion, up from just $2.6 billion in April, analysts Alex Saunders and Nathaniel Rupert wrote.<\/p>\n<p>As ETF balances grow, flows are playing a more direct role in price dynamics, the analysts said.<\/p>\n<p><a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/19\/sharplink-ether-holdings-top-usd3-1b-trailing-bitmine-in-pace-of-eth-acquisition\">Ether treasury firms<\/a> have also joined the bid, with large purchases beginning in May. Their collective holdings now hover near $10 billion at current market values, while the equity valuations of these companies have expanded alongside ether\u2019s rally, the report noted.<\/p>\n<p>Blockchain data shows large wallets accumulating ether while smaller investors trim exposure. Ether balances on centralized exchanges continue to decline, signaling a shift of supply back on-chain. This dynamic could be amplifying the latest leg higher, creating a squeeze-like effect, the report added.<\/p>\n<p>While the rally has been sharp, the bank&#8217;s analysts caution it isn\u2019t purely technical. On-chain activity has picked up, reinforcing the move with stronger fundamentals. Combined with a macro backdrop that resembles a \u201cgoldilocks\u201d environment, neither too hot nor too cold, ether&#8217;s resurgence could have legs, particularly with supportive regulatory signals and bullish narratives in play.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/14\/ether-led-rally-pushed-crypto-market-cap-to-usd3-7t-in-july-jpmorgan\"><span style=\"text-decoration:underline\">Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday. The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin\u2019s (BTC) dominance in a way not seen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43159","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43159"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43159\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}