Hedge Funds Favor Ethereum’s Rise

Ethereum has rebounded strongly in recent weeks, surging 56% and reaching new highs above $2,500. This growth is fueled by stablecoin adoption and the rising popularity of tokenized finance applications. Hedge funds are also shifting their strategies, as institutional investors increasingly embrace Ethereum’s Layer 2 solutions and its role in real-world assets (RWA). This renewed focus has led to a decrease in bearish bets on ETH, signaling increased confidence in the cryptocurrency’s potential.