Ethereum News Today: Eric Trump Endorses Ethereum's $8,000 Target Amid M2 Expansion and ETF Inflows

Eric Trump, the son of former U.S. President Donald Trump, has publicly endorsed the view that Ethereum is significantly undervalued, aligning with analysis from crypto analyst Ted Pillows. Pillows, in a post shared on X, argued that Ethereum’s price trajectory should reflect broader monetary trends, particularly the expansion of the global M2 money supply. He posited that ETH’s intrinsic value suggests it should already exceed $8,000, a claim Trump reiterated by commenting, “I agree,” on the post [1]. This marks a continuation of Trump’s growing engagement with cryptocurrency markets, as he previously disclosed investments in major altcoins like Bitcoin, Solana, and Sui [2].

The argument hinges on the correlation between Ethereum’s valuation and monetary policy metrics. The U.S. M2 money supply reached a record $22.02 trillion in June 2025, a 4.5% annual increase reported by the Federal Reserve [3]. Historically, such liquidity expansions have supported crypto markets by increasing accessible capital. Pillows and Trump contend that Ethereum’s current price of approximately $3,600 fails to capture this macroeconomic context, positioning it as one of the most compelling investment opportunities today [4]. Analysts like Pillows frame the $8,000 threshold as a fair target, emphasizing ETH’s potential to outperform traditional assets amid ongoing monetary expansion [5].

Institutional demand further underscores bullish sentiment. Spot Ethereum ETFs, including BlackRock’s offering, have attracted consistent inflows, with $214 million added on July 24 alone. Fidelity’s FETH ETF also contributed to this trend, reflecting sustained interest from institutional investors [6]. These inflows align with broader market dynamics, as Ethereum has recently traded above $3,900 before consolidating near $3,600 support levels [7]. While short-term volatility remains, forecasts from Wall Street figures like Mike Novogratz and Arthur Hayes suggest ETH could reach $10,000 by year-end, driven by its expanding role in decentralized finance (DeFi) and tokenization [8].

Trump’s advocacy does not introduce new data but reinforces existing narratives about Ethereum’s undervaluation. The $8,000 target, while speculative, is grounded in Pillows’ analysis of M2 correlations. However, market outcomes depend on factors such as regulatory developments, macroeconomic shifts, and adoption rates. ETF inflows and institutional participation strengthen the bullish case but do not guarantee the projected price trajectory [5].

Source:

[1] [Eric Trump Says Ethereum Is Undervalued](https://coindoo.com/eric-trump-says-ethereum-is-undervalued/)

[2] [Eric Trump on X](https://x.com/EricTrump/status/1948509864927318413)

[3] [Federal Reserve Data](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)

[4] [Ethereum and Global M2 Expansion](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)

[5] [Ted Pillows’ Analysis](https://coindoo.com/eric-trump-says-ethereum-is-undervalued/)

[6] [Institutional Inflows](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)

[7] [ETH Price Volatility](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)

[8] [Mike Novogratz and Arthur Hayes Forecasts](https://coingape.com/ethereum-should-be-at-8000-by-now-eric-trump-predicts-eth-price-with-global-m2-expansion/)