Ethereum News Today: Eric Trump endorses Ethereum amid $6.4B ETF inflows, forecasts $8K price

Eric Trump, son of former U.S. President Donald Trump, has publicly endorsed Ethereum (ETH) as the cryptocurrency experiences a notable price surge. On July 7, 2025, the Trump family member tweeted his support for Ethereum, sparking attention among crypto analysts and traders [1]. The timing of his remarks coincided with sustained inflows into Ethereum ETFs, which had accumulated over $6.4 billion across 11 consecutive weeks, reflecting growing institutional and retail investor optimism [2].

Eric Trump later expanded on his position, forecasting a target price of $8,000 for Ethereum based on global M2 monetary expansion trends [3]. This prediction aligns with a broader bullish sentiment, as BlackRock’s Ethereum ETF (ETHA) surpassed $10 billion in assets under management in record time, underscoring surging institutional demand [4]. Meanwhile, Ethereum’s 24-hour trading volume exceeded $41 billion, highlighting its resilience amid broader market volatility [5].

The social media discourse around Trump’s stance has been mixed. An Instagram post highlighted prior criticism of Eric Trump for advocating Ethereum during a previous slump, which now appears prescient as prices rise [6]. Additionally, Trump’s World Liberty Financial (WLF) project reportedly secured $30 million in Ethereum during the rally, further signaling his confidence in the asset [7].

Ethereum’s recent performance has outpaced Bitcoin, with its market share climbing to 11.52% as Bitcoin’s dominance dipped to 60% [5]. Analysts attribute this momentum to macroeconomic factors, including monetary policy shifts and regulatory developments, alongside speculative trading. However, Trump’s public advocacy has introduced a layer of retail investor attention, potentially amplifying short-term volatility.

While Trump’s $8,000 price target is a personal forecast, the broader market context remains more cautious. A June 29 report noted Ethereum had risen 2% to $3,722 amid a cooling market, though Bitcoin faced potential retesting of its $110,000 level [8]. This contrast between celebrity-driven optimism and measured market analysis underscores the complex interplay between high-profile endorsements and fundamental drivers in the crypto space.

The WLF project’s Ethereum acquisition adds a strategic dimension to the narrative, as institutional and retail participants increasingly shape the market. Ethereum ETFs continue to attract record inflows, with their performance closely tied to regulatory frameworks and macroeconomic conditions. Trump’s commentary, while not altering the underlying fundamentals, has reinvigorated public discourse, illustrating the growing influence of retail sentiment in cryptocurrency markets.

Sources:

[1] [Eric Trump tweets support for Ethereum amid price rally](https://www.investing.com/news/cryptocurrency-news/eric-trump-tweets-support-for-ethereum-amid-price-rally-4153251)

[2] [Ethereum ETFs See $6.4B Inflows Over 11 Weeks as Investor Optimism Surges](https://cryptonews.com/news/ethereum-etfs-see-6-4b-inflows-over-11-weeks-as-investor-optimism-surges/)

[3] [Eric Trump Predicts ETH Price With Global M2 Expansion](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)

[4] [Ethereum ETF Soars as BlackRock's ETHA hits $10B in Record Time](https://www.fxstreet.com/cryptocurrencies/news/ethereum-etf-soars-as-blackrocks-etha-hits-10b-in-record-time-202507250803)

[5] [BlackRock Ethereum ETF Grows Rapidly with $5B Inflows in 10 Days](https://coincentral.com/blackrock-ethereum-etf-grows-rapidly-with-5b-inflows-in-10-days/)

[6] [A lot of people talked trash about Eric Trump online when...](https://www.instagram.com/p/DMgNO7thhtH/)

[7] [Trump-linked WLFI bags $30m ETH amid price rally](https://crypto.news/trump-linked-wlfi-bags-30m-eth-amid-price-rally/)

[8] [Bitcoin price could retest $110k amid market cooling](https://cryptoslate.com/bitcoin-price-could-retest-110k-amid-market-cooling-analyst-warns/)