XRP Lawyer Sees $10K ETH Price as Ethereum ETFs Hit $2.8B

XRP lawyer John E. Deaton has predicted that ETH worth might climb to $10,000. This follows the $2.8 billion inflows into Ethereum ETFs to this point this month. In distinction, Bitcoin ETFs have recorded web outflows over the identical interval.

Ethereum ETFs Fuel $10,000 ETH Price Target, Says Deaton

Deaton pointed to the rising demand proven in spot ETF flows as a reputable sign of Ethereum’s long-term power. The lawyer grew to become broadly standard for selecting to signify XRP holders of their battle in opposition to the SEC.

He argued that the sustained momentum, supported by company treasury adoption, makes $10,000 a practical goal for ETH worth. His feedback adopted information shared by ETF analyst Nate Geraci, who revealed that spot Ethereum ETFs drew $340 million in inflows on Friday.

The numbers under inform a major story. @fundstrat acknowledged that Stablecoins created a ChatGpt second for Crypto. Tom additionally stated the Genius Act would drive vital demand for ETH. I’m conscious that Tom, as Chariman of Bitmine $BMNR, is definitely speaking his e book, however that… https://t.co/p3wadUxXi3

— John E Deaton (@JohnEDeaton1) August 23, 2025

That surge lifted August inflows to $2.8 billion, in stark distinction to Bitcoin ETFs, which have recorded $1.2 billion in outflows this month. Since the start of July, spot Ethereum ETFs have gathered $8.2 billion in inflows, in comparison with $4.8 billion for Bitcoin. Geraci described the reversal in demand as a “notable recent shift.”

Spot eth ETFs w/ $340mil inflows yesterday…

So far in August:

Spot eth ETFs = $2.8bil inflows

Spot btc ETFs = $1.2bil *outflows*

Since starting of July:

Spot eth ETFs = $8.2bil inflows

Spot btc ETFs = $4.8bil inflows

Notable latest shift.

— Nate Geraci (@NateGeraci) August 23, 2025

The development underscores a rising change in market choice, with Ethereum attracting stronger curiosity from each institutional and retail buyers. Deaton famous that this Ethereum ETF inflow momentum, mixed with companies holding the coin as a treasury asset, strengthens the likelihood for ETH worth to finally cross $10,000.

While some forecasters have recommended ETH worth might climb as excessive as $20,000 within the present cycle, Deaton stated these targets could also be overly formidable. He acknowledged that $10,000 seems more and more achievable.

Deaton Sees Ethereum Entering Its ‘ChatGPT Moment’ of Adoption

Deaton additionally pointed to views by Fundstrat’s Tom Lee, who has argued that legislative strikes just like the Genius Act might speed up Ethereum adoption and enhance ETH worth. He likened the ETF influx surge to the “ChatGPT moment” that stablecoins as soon as created for crypto. They solved an actual ache level (worth volatility) by being a dollar-pegged asset on-chain.

The XRP lawyer recommended {that a} comparable transformation is unfolding for Ethereum. While acknowledging that Lee, as chairman of Bitmine $BMNR, has an curiosity in selling such narratives, Deaton burdened that the present info can’t be ignored.

ETH price broke $4,800 yesterday however has since retraced to $4,746 as of the time of writing. Even although it has recorded 1.7% drop within the final day, its weekly and month-to-month beneficial properties stand at 7% and 30%, respectively.

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Paul

Paul Adedoyin is a crypto journalist with 4+ years expertise who offers well timed information, in-depth analysis, and insightful content material to tell and empower his viewers. His works have been featured on websites such as CryptoMode, CryptoNewsFlash amongst others.
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