Ethereum Treasuries Are Eyeing a Purchase Window, Says Standard Chartered | US Crypto News

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee, because while Ethereum’s latest price swings might look like noise, powerful institutional flows may be quietly reshaping the altcoin’s trajectory beneath the volatility.

Crypto News of the Day: Ethereum Price Pullback Creates Rare Buying Window

In a recent US Crypto News publication, Standard Chartered predicted that the price of Ethereum (ETH) would reach $7,500 per coin by year’s end. The bank reiterated the forecast in a statement to BeInCrypto, but with far better insights.

According to Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, Ethereum’s latest rally may only be the beginning.

Kendirck argues that institutional inflows into ETH are “just getting started.” Since early June, Ethereum treasury companies have purchased 2.6% of the total ETH supply.

When combined with ETF inflows, the figure climbs to 4.9%, surpassing the equivalent pace of Bitcoin accumulation during its 2024 breakout.