Ethereum Breaks $4,000 as Treasuries, ETFs Fuel Surge

- On August 8, 2025, Ethereum reached $4,000, its highest point in eight months. - Corporate ETH acquisitions, ETF inflows, and record network activity fueled the rally. On August 8, 2025, Ethereum’s price crossed the $4,000 mark to reach its highest level in eight months. The Block reported on August 8 that the cryptocurrency reached an intraday high of $4,013.67 on Coinbase before a slight correction. This surge marks a more than 50% increase in the past month and signals positive market momentum. Several key factors contributed to Ethereum’s price surge. Treasury companies ramped up their ETH acquisitions, emulating strategies seen with Bitcoin. BitMine leads this accumulation, holding over 833,000 ETH. SharpLink follows with nearly 522,000 ETH, and The Ether Machine holds more than 345,000 ETH. This corporate appetite for Ethereum aligns with a broader institutional push into the cryptocurrency space. Meanwhile, U.S. spot Ethereum ETFs saw substantial inflows, adding nearly $5 billion over the last month. Enhanced usage across decentralized finance (DeFi) protocols and smart contract applications continues to drive network growth. As a result, Ethereum achieved an all-time high of 1.74 million daily transactions, surpassing its previous peak from May 2021. Another factor fueling optimism is the potential for U.S. spot Ethereum ETFs to implement staking features, which still requires approval from the Securities and Exchange Commission. Although not yet realized, these features could bolster connectivity between Ethereum’s staking ecosystem and institutional strategies, which would further solidify its position in the market. As of 16:13 UTC on August 8, CoinMarketCap data showed that Ethereum (ETH) was trading at $3,959.58. Its 24-hour trading volume also increased by 3.3%.