Overview

• Jan van Eck said banks must enable stablecoin transactions or risk losing customers, predicting institutions will build on Ethereum or EVM‑compatible networks.
• Spot Ether ETFs have taken in nearly $10 billion since July, with BlackRock’s ETHA leading recent creations and VanEck’s ETHV up roughly 95% over six months.
• DeFiLlama data places stablecoins around $279–280 billion in market value, with over half of the supply issued on Ethereum.
• Reporting credits the GENIUS Act, signed earlier this year by President Donald Trump, with accelerating bank and fintech adoption of stablecoin rails.
• Analysts now float price targets between $6,000 and $12,000 after ETH set a new high near $4,950 and signs of capital rotation from Bitcoin into Ethereum appeared.