#Trump Allows 401(k) Crypto Investing#

ETH has significantly increased, rising by more than 44.5% over the past month. Over the past week, the asset has gained 7.9% in price, and over the last 24 hours — 2.6%. Since April 21, ETH has risen by approximately 90% against Bitcoin.
This growth is attributed to two factors: the increase in institutional purchases and significant inflows into spot ETFs on Ethereum.
Companies are actively acquiring ETH worth billions of dollars. BitMine leads with over 833,000 ETH ($3.3 billion), followed by SharpLink with nearly 522,000 ETH ($2.1 billion). Jeffrey Kendrick from Standard Chartered believes that these companies are "just getting started" and could eventually own up to 10% of all ETH.
American spot ETFs on Ethereum have seen significant net inflows — in recent weeks they even outperformed similar Bitcoin-based funds. These products attracted nearly $5 billion over the past month, contributing significantly to a total net inflow of $9.4 billion since trading began in July 2024.
The rise of ETH coincided with a noticeable decline in Bitcoin's share of the crypto market, which dropped to around 59%. This indicates a redistribution of capital from Bitcoin to altcoins, including Ethereum.
Bitcoin dominance may temporarily recover, but ultimately it will transition into a long-term downward trend. This indicates the possibility of a broader "altcoin season," when tokens will significantly rise relative to Bitcoin.