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XRP lawyer sees ETH price of $ 10,000, as Ethereum ETFS amounted to $ 2.8 billion star-news.press/wp

Xrp John E. Deaton’s lawyer expected that the ETH price can rise to $ 10,000. This follows a $ 2.8 billion flow in ETHEREUM investment funds so far this month. On the other hand, Bitcoin’s investment funds recorded net flows during the same period.

Deaton says Ethereum ETFS prevails in the price of ETH $ 10,000.

Deaton referred to the increasing increasing in instant ETF flows as a reliable ETHEREUM power in the long term. The lawyer has become widely common to choose the representation of XRP holders in their battle against the Supreme Education Council.

He said that the ongoing momentum, with the support of the tank’s adoption of companies, made $ 10,000 a realistic goal for the ETH price. His comments followed the data shared by the ETF Nate Geraci analyst, who revealed that Spot Etherum ETFS attracted $ 340 million in flows on Friday.

This increase raised August flows to $ 2.8 billion, in a flagrant contradiction with the Bitcoin investment funds, which recorded $ 1.2 billion in external flows this month. Since the beginning of July, Ethereum ETFS has accumulated $ 8.2 billion in flows, compared to $ 4.8 billion for Bitcoin. Gerasi described the reflection of the request as a “noticeable conversion.”

The trend emphasizes a growing change in market preferences, as Ethereum attracts stronger attention than institutional investors and retail trade. Deaton noted that the ETHEREUM ETF flow momentum, along with companies that carry the currency as the origin of the Treasury, enhance the possibility of the ETH price eventually crossing $ 10,000.

While some predictors suggested that the ETH price may rise to $ 20,000 in the current session, Deaton said these goals may be excessively ambitious. It was stated that $ 10,000 appears to be increasingly investigating.

Deaton ethereum sees “Chatgpt” of adoption

Diton also referred to Tom Lee’s views from Fundstrat, who argued that legislative moves such as genius law can accelerate the adoption of ETHEREUM and increase the price of ETH. The ETF flow likened to the “ChatGPT” that was created once for encryption. They have replaced a real pain (price fluctuation) by being the origins of the series with the series.

XRP lawyer suggested that a similar transformation reveal Ethereum. While recognition that Li, as Chairman of the White Point Council $ BMNR, has an interest in promoting these accounts, Diton stressed that the current facts cannot be ignored.

The price of ETH 4800 erupted yesterday, but since then he recovered to 4,746 dollars from the time of writing this report. Although it recorded a 1.7 % decrease in the last day, its weekly and monthly gains are 7 % and 30 %, respectively.

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Paul Adedoyin is an encryption journalist with more than 4 years of experience that provides timely news, in -depth research, and insightful content to inform and empower his fans. His works appeared in sites like Cryptomode, Cryptonewsflash and others. He holds a certificate in geophysics from OAU, Nigeria. When he does not write, he loves to watch football and read educational magazines. It can be accessed via (e -mail reserve)

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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2025-08-23 17:40:00

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