Ethereum Price Surges 1.19% as Macro Policy Shift Boosts Institutional Demand

Ethereum's price surged by 1.19% on August 21st, rising to $2343.72, and maintaining a 24.80% increase over the past seven days.

The upward trend can be attributed to improved macroeconomic policy, as expanded Treasury bond buybacks lowered long-term yields and put downward pressure on the US dollar.

This shift in policy has increased global liquidity, prompting institutional investors to rotate into higher-beta digital assets like Ethereum.

Additionally, spot Ethereum ETFs have seen a significant resurgence in daily net inflows, signaling renewed institutional positioning and providing support for the price.