{"id":25616,"date":"2025-07-28T09:10:25","date_gmt":"2025-07-28T06:10:25","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-approaches-4000-milestone\/"},"modified":"2025-07-28T09:10:25","modified_gmt":"2025-07-28T06:10:25","slug":"ethereum-approaches-4000-milestone","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-approaches-4000-milestone\/","title":{"rendered":"Ethereum Approaches $4000 Milestone"},"content":{"rendered":"

The second-largest cryptocurrency by market capitalization has continued its steady ascent, appreciating by 3.68% over the past day, according to CoinMarketCap<\/a>.<\/p>\n

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The price is nearing the psychological threshold of $4000. Ethereum last traded at such high levels in mid-December of the previous year.<\/p>\n

\"ETHUSDT_2025-07-28_09-02-28_cddd8\"
Daily chart of ETH\/USDT on Binance. Source: TradingView<\/a>.<\/figcaption><\/figure>\n

At the time of writing, the asset is trading around $3930, marking a ~62% increase since the beginning of the year.<\/p>\n

ETF Hype<\/h2>\n

Alongside Bitcoin, Ethereum is attracting institutional investors. From July 21 to 25, the net inflow into spot Ethereum ETFs reached $1.85 billion, the second-largest weekly figure since the products were launched in July 2024<\/a>.<\/p>\n

A positive trend has been observed for 16 consecutive days:<\/p>\n

\"ETH-ETF2\"
Net inflow dynamics into spot Ethereum ETFs. Source: SoSoValue<\/a>.\u00a0<\/figcaption><\/figure>\n

The cumulative net inflow into investment products has reached $9.33 billion. The total assets under management by ETF providers have exceeded $20.66 billion, accounting for 4.64% of Ethereum’s market capitalization.<\/p>\n

\"ETH-ETF1\"
Statistics on spot Ethereum ETFs. Source: SoSoValue<\/a>.\u00a0<\/figcaption><\/figure>\n

Corporate Demand<\/h2>\n

The volume of cryptocurrency held on the balance sheets of public companies has reached 2.32 million ETH (~$9.11 billion at current rates), representing 1.92% of the total Ethereum supply.<\/p>\n

\"eth_reserve\"
Total volume of ETH on corporate balance sheets. Source: Strategic ETH Reserve<\/a>.\u00a0<\/figcaption><\/figure>\n

Bitmine Immersion Tech, associated with the well-known researcher Fundstrat Tom Lee<\/a>, follows the most aggressive strategy. The company holds approximately 566,800 ETH, valued at $2.23 billion (over the past 30 days, the volume of “digital reserves” has increased by 247%).<\/p>\n

\"eth_reserve2\"
Ranking of companies by volume of ETH reserves on balance sheets. Source: Strategic ETH Reserve.<\/figcaption><\/figure>\n

In second place is SharpLink Gaming, supported by Ethereum co-founder Joseph Lubin.<\/p>\n

According to Arkham, on the evening of July 27, the firm acquired 77,210 ETH; the volume of reserves reached 428,017 ETH (~$1.67 billion).<\/p>\n

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SharpLink(@SharpLinkGaming<\/a>) bought another 77,210 $ETH<\/a>($295M) and currently holds 438,017 $ETH<\/a>($1.69B).https:\/\/t.co\/143CVq5E6U<\/a> pic.twitter.com\/Oa4dQ9XFGF<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) July 28, 2025<\/a><\/p><\/blockquote>\n