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

Ether climbs to $2,601 as institutional narratives strengthen following bullish ETF commentary and Robinhood’s L2 blockchain development on Arbitrum.

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…