Financial giant Standard Chartered has issued a bullish prediction for Ethereum’s price, forecasting it to reach $7,500 by year-end. This optimistic outlook is fueled by two key factors: the burgeoning interest from institutional investors and the increasing accumulation of ETH by treasury companies like SharpLink Gaming and BitMine Immersion. Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Strategy, highlights that the current price point presents an attractive entry opportunity for investors. This shift in investor sentiment is evident in the increasing participation in staking and the surge in Ethereum-based ETF inflows, with $444 million flowing into these vehicles in just one month. These developments indicate a growing preference for Ethereum over Bitcoin as institutional investment strategies evolve.