Ethereum News Today: Ethereum's Bull Run Driven by QE Fears and Corporate Embrace

Ethereum (ETH) is showing signs of sustained bullish momentum, with price forecasts and market activity suggesting the cryptocurrency could reach significantly higher levels in the near term. Arthur Hayes, founder of BitMEX, has recently raised his price target for ETH, suggesting it could reach between $10,000 and $20,000 by the end of the current bull cycle. Hayes attributed this prediction to the expectation of major quantitative easing measures under a potential Trump administration, which could increase liquidity and drive demand for risk assets like Ethereum [1].

Ethereum’s price performance has been impressive in 2025, surging over 40% year-to-date and breaking above its previous all-time high of $4,878.26, set in November 2021. By late August 2025, ETH had briefly crossed the $4,880 mark, propelled in part by strong inflows into Ethereum-based exchange-traded funds (ETFs) and increased corporate adoption of Ethereum treasuries [2]. Spot ETFs, which were approved by the U.S. Securities and Exchange Commission (SEC) in July 2024, are now managing over $12 billion in assets, with BlackRock’s ETHA leading the pack. These funds account for more than 5% of the total ETH supply, signaling growing institutional confidence in the asset [2].

Corporate Ethereum treasury adoption has also played a key role in ETH’s rise. Companies such as BitMine and SharpLink Gaming have added over $10 billion worth of ETH to their reserves, reinforcing the cryptocurrency’s role as a store of value. This trend mirrors the growing adoption of Bitcoin treasuries and has helped shift Ethereum’s narrative from speculative asset to a utility-rich reserve asset. Additionally, Ethereum’s underlying infrastructure—enhanced by recent upgrades such as the Pectra upgrade—has improved staking efficiency and scalability, further supporting its case for long-term adoption [2].

The recent Federal Reserve commentary has also contributed to Ethereum’s rally. Federal Reserve Chair Jerome Powell’s dovish tone at the Jackson Hole symposium increased expectations for rate cuts, which historically favor risk-on assets. ETH responded positively to these signals, rising over 15% in a single trading day. Analysts believe that as interest rates decline and liquidity increases, Ethereum could see continued institutional inflows and further price appreciation [3].

Market observers are also noting a shift in investor behavior, with capital increasingly rotating from Bitcoin into altcoins like Ethereum. Bitcoin’s market dominance has fallen below 60% for the first time in four months, marking a significant shift in the crypto market landscape. This development suggests that traders are seeking higher growth opportunities in other digital assets, particularly those with strong use cases and infrastructure, such as Ethereum [3].

Standard Chartered and other analysts have raised their price targets for Ethereum, with some projecting ETH could reach $13,000 in the coming months and $25,000 by 2028. These forecasts are based on continued demand from ETFs, corporate treasuries, and broader macroeconomic conditions. Additionally, Ethereum’s role as a foundational infrastructure for future financial and commercial systems is expected to drive long-term adoption and value [2].

Source: [1] Why Arthur Hayes Expects Ethereum to Surge to $20,000 (https://finance.yahoo.com/news/why-arthur-hayes-expects-ethereum-210103605.html) [2] Ethereum hits fresh all-time high amid wider market rally (https://www.theblock.co/post/366657/shell-dnp-ethereum-hits-new-all-time-high-price-as-eth-crosses-4900-for-the-first-time-ever) [3] ETH Soars To New All-time High On Fed Rate Cut Signal (https://cointelegraph.com/news/eth-hits-new-highs-as-fed-turns-dovish-ether-etf-inflows-resume)