Ether exchange-traded funds (ETFs) have experienced a remarkable surge in August, skyrocketing assets under management (AUM) to $13.7 billion, a 44% increase from the beginning of the month. This growth is attributed to burgeoning institutional demand for Ethereum, fuelled by companies’ increasing adoption of Ether into their treasury reserves. Companies now hold nearly 4.4 million ETH ($19.2 billion), demonstrating the growing scale of corporate engagement with the cryptocurrency. Experts predict this trend will continue as upcoming upgrades like the Fusaka hard fork, which aims to increase Ethereum’s scalability and efficiency, attract even more institutional investors.