Ethereum News Today: Top Analyst Cites Crypto Bull Run Driven by ETF Inflows and Regulatory Shifts

The upcoming phase in the cryptocurrency market is being heralded by a top analyst as the most significant bull run in history, citing a convergence of structural, regulatory, and macroeconomic catalysts. Miles Deutscher, a noted analyst with over 600,000 followers on X, outlined ten key drivers suggesting that the market is poised for a sustained and powerful upward move [1]. Deutscher argues that the current environment is uniquely supportive of long-term accumulation and valuation expansion, driven by unprecedented levels of institutional and retail demand.

One of the central pillars of Deutscher’s analysis is the rapid growth in spot ETF inflows. Over the past 60 days, U.S. spot Bitcoin and Ethereum ETFs have accumulated more than $17 billion, with over $11 billion added in July alone [1]. This level of sustained, rules-based buying—according to Deutscher—indicates that the market is not only absorbing existing selling pressure but also setting the stage for new valuation benchmarks.

Another key development highlighted by Deutscher is the recent regulatory shift allowing 401(k) plans to include crypto assets. While implementation is still in its early stages, the potential impact is substantial. Scenario analysis from @thepfund (Trader T) estimates that this policy could generate between $131 billion and $465 billion in new demand, with the majority expected to flow into Bitcoin and Ethereum [1]. Deutscher also notes that if BlackRock’s ETFs (IBIT and ETHA) follow a similar trajectory to their firm’s dominance in 401(k) assets, they could grow to over $272 billion and $37 billion, respectively.

Regulatory clarity in the stablecoin sector is another bullish factor. Deutscher points to the passage of the "Genius Act" as a pivotal moment, providing much-needed clarity for stablecoins and facilitating broader blockchain adoption [1]. This legislative development, combined with the fact that stablecoin supply has reached a record high of over $280 billion, suggests that the dollar-pegged layer of the crypto economy is expanding in a way that supports greater liquidity and infrastructure use.

Political developments also play a role in Deutscher’s narrative. He notes that high-profile figures, including members of the Trump family, have publicly endorsed Ethereum and other crypto assets [1]. Eric Trump’s recent comments—urging investors to avoid shorting Bitcoin and Ethereum—serve as an example of how institutional-level visibility is increasingly aligning with the crypto asset narrative.

Institutional adoption is further evidenced by Harvard Management Company’s reported ownership of over $116 million in BlackRock’s IBIT ETF [1]. This move is seen as a signal of legitimacy and trust in the compliance framework surrounding spot ETFs, which could encourage similar actions from other major institutional players.

From a technical perspective, Deutscher notes that Ethereum has reclaimed the $4,000 level, a significant psychological and historical milestone. He argues that this level reinforces the asset’s momentum and suggests it could continue to push toward and surpass its 2021 all-time high. Additionally, Bitcoin’s and Ethereum’s resistance to bearish pressures—despite persistent negative sentiment—indicates a market where sellers are increasingly exhausted and demand remains sticky.

Deutscher also emphasizes the importance of market structure, noting that liquidity is now more concentrated in major assets and centralized exchanges. This concentration, he argues, creates a cleaner trend in BTC/ETH and supports a stronger, more durable major asset-led bull phase before potential altcoin rotations can occur.

Overall, Deutscher is optimistic that the current setup—characterized by favorable regulatory developments, robust institutional and retirement demand, and strong technical momentum—provides the necessary conditions for an explosive move higher in crypto prices. If the outlined catalysts continue to align, the market may be on the cusp of its most powerful bull run to date.

Source: [1] Biggest Crypto Bull Run In History Is About To Ignite: Top Analyst (https://www.newsbtc.com/news/biggest-crypto-bull-run-in-history-about-ignite/)