Everyone is Watching the Bitcoin ETF... But What is the Real Surprise? $ETH

Throughout the recent period, the market's attention has almost entirely focused on Bitcoin ETF funds. Everyone thinks this will be the determining factor for the trend. However, in reality, the name that is making a stronger impression is actually Ethereum. When the ETH ETF was first launched, the market was quite indifferent. The flow of capital was slow, interest was weak – many even believed that this was just a less attractive "copy" of the Bitcoin ETF. But then, everything changed rapidly. Like a switch being turned on, the flow of money suddenly reversed, and from that moment on, the ETH price chart began to break out without looking back. The most impressive thing is that since July 2025, ETH has been continuously climbing sharply, as if it has been given "jet fuel." And more importantly: this is not just an ETF effect. Behind this breakthrough are a series of fundamental factors: Stable staking rewards attract long-term capital inflows. Strong growth of Layer 2 solutions helps expand the Ethereum ecosystem. Real demand on-chain, with a multitude of DeFi applications, NFTs, and tokenization of real assets (RWA) is currently active. In other words, the current upward momentum of ETH is not "hype", but a combination of institutional capital (ETF) and real practical usage demand within the network. In the overall picture of crypto, Bitcoin may be the "guiding star", but Ethereum is proving its position as a core technological and financial asset for the future.