BitMine’s CEO Tom Lee called $ETH the most profitable macro asset of the quarter. The company continues to aggressively accumulate coins—just over the past week, it purchased another 28 086 #Ethereum , increasing its total reserves to 5.9 mln #ETH (almost 5% of Ethereum’s total market supply). Although the company’s unrealized losses on this position are currently more than $5 billion due to past market fluctuations, over the last month ETH has risen by nearly 30%, narrowing the gap. Technology trends: Experts expect the bitcoin price to rise to #ETHETFsApproved thanks to the global trend of tokenizing assets and the development of agentic artificial intelligence (AI), since most such projects are deployed specifically on the network of $ETH . CLARITY Act outlook: An important factor for the entire crypto market by the end of the year remains the US Senate vote on the CLARITY Act cryptocurrency regulation bill, scheduled for mid-September. Adoption of the document could provide a new push for a legal inflow of capital. Traders’ summary: #ETHETFsApproved shows strong fundamental support from large funds, but is technically squeezed below the $2550#ETH🔥🔥🔥🔥🔥🔥 level