Ethereum News Today: Eric Trump, Ted Pillows Target $8,000 for Ethereum Amid M2 Growth, ETF Inflows

Eric Trump, son of former U.S. President Donald Trump, has joined crypto analyst Ted Pillows in arguing that Ethereum (ETH) is significantly undervalued, with a price target of $8,000 based on global M2 money supply growth. The U.S. M2 money supply hit $22.02 trillion in June 2025, reflecting a 4.5% annual increase, the fastest growth since mid-2022 [3]. Pillows, in a post on X, asserted that Ethereum’s valuation should align with rising global liquidity, a position Trump endorsed with a comment of “I agree” on the platform [1]. This aligns with broader market discussions about Ethereum’s potential to absorb capital flows in an expanding monetary environment.

Ethereum currently trades at approximately $3,636, up 1.46% in the past 24 hours and up over 150% since April. Despite this rally, proponents like Trump and Pillows argue the asset remains undervalued relative to M2 expansion. Historical correlations between liquidity surges and crypto price movements support this narrative, with Pillows suggesting $8,000 represents a fair target based on M2-M2 correlations [4]. However, the argument hinges on speculative assumptions about how monetary policy translates to crypto markets, as regulatory developments and adoption rates remain critical variables [5].

Institutional confidence in Ethereum has grown, evidenced by record inflows into spot Ethereum ETFs. On July 24, ETFs saw $214 million in net inflows, marking 15 consecutive days of positive activity. iShares Ethereum Trust (ETHA) surpassed $10 billion in assets under management within a year, with its growth rate ranking as the fastest for an Ethereum-focused ETF and third-fastest overall in U.S. history [6]. Fidelity’s FETH and BlackRock’s Ethereum ETF also attracted significant capital, underscoring institutional acceptance. These inflows align with Ethereum’s recent price action, which includes a consolidation phase near $3,600 after reaching $3,900 earlier in the week [6].

Analysts have offered additional price forecasts, though these remain speculative. Crypto strategist Javon Marks predicted Ethereum could reach $4,811 (a 27% increase from current levels) and potentially $8,557 (a 75% upside) if bullish momentum continues [8]. Arthur Hayes of BitMEX suggested a $10,000 target by year-end, contingent on favorable liquidity conditions and Ethereum’s role in decentralized finance (DeFi) and tokenization [8]. Such projections highlight optimism about Ethereum’s fundamentals but should be distinguished from actual market performance.

While ETF inflows and institutional participation strengthen the bullish case, they do not guarantee the projected price trajectory. Market dynamics remain influenced by macroeconomic factors, regulatory clarity, and technological adoption. Eric Trump’s advocacy reinforces existing narratives about Ethereum’s undervaluation but does not introduce new data to validate the $8,000 target [5]. The debate underscores broader discussions about crypto’s role in a world of expanding money supply, with Ethereum positioned as a potential beneficiary of liquidity-driven capital flows.

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/) [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/)