Overview

• VanEck CEO Jan van Eck said every bank will need a way to take in stablecoins and labeled Ethereum the “Wall Street token,” noting EVM-compatible networks are best positioned for that flow.
• Spot Ether ETFs have pulled in nearly $10 billion since July, with recent multi‑day surges led by BlackRock’s ETHA fund, according to fund flow trackers.
• Ethereum hit a new all‑time high near $4,956 this week as investors rotated toward ETH, market reports show.
• The stablecoin market stands near $279–280 billion with over half issued on Ethereum, and enterprise surveys indicate broad institutional exploration of stablecoin use.
• Arthur Hayes outlined a scenario where stablecoins reach $10 trillion by 2028 and tokens from Ether.fi, Ethena, and Hyperliquid gain 34×–126×, a speculative forecast highlighted in coverage.