BERNSTEIN: Ethereum is in the “Poison Point”

Ethereum (ETH) is in the “Poison Point” as investors’ interest in financial innovation, for example, tokenization and stabelcoin grow. It is reported by The Block with reference to the report of Bernstein experts.

The organization noted that it is still believed that bitcoin can break through a mark of $ 200,000 in this cycle. At the same time, the interest of investors is gradually expanding beyond the borders of the narrative about the function of the first cryptocurrency as a hedge acting on the blockchain space as a whole, experts say.

In this regard, Bernstein expects that Ethereum will be in the focus of institutions, since it is on the basis of this network that financial innovations as the tokenization of the assets of the real world (RWA) and stablecoins are implemented.

“It is not surprising that as institutional awareness regarding the asset is growing, we observe the revival of the influx of funds in Ethereum-ETF. Over the past 20 days, the receipt of capital in these products has amounted to $ 815 million, and since the beginning of the year the clean flow of funds has become positive and reached $ 658 million. This is a stage at which cryptocurrency makes a jump from speculative tokens to financial innovations based on blockchain, ”the organization said.

Over the past week, from June 2 to 6, 2025, the net inflow of capital in the spotes Ethereum-ETF amounted to more than $ 280 million.

Bernstein indicated that large companies, for example, Visa, MasterCard and Stripe, are already experimenting with stablecoins. As experts noted, this increases the value of the blockchain, which provides “rails” for such projects, and, as a result, its coins.

The report states that Ethereum (ETH) is at the “Poison Point”. This is a point at which the slope of the curve can change dramatically, for example, from the downward.

Ethereum closed May with an increase of almost 41%. Such a jump occurred at the beginning of the month and was due to a number of factors, including a strong underestimation of the asset.

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Source: Cryptocurrency

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