Bitwise: Ethereum will recover in 2025, driven by institutional interest and growth in RWA tokenization

Odaily report: In a letter shared with investors, Bitwise senior investment strategist Juan Leon stated that the $100 trillion opportunity brought by the tokenization of real-world assets (RWA) could lead to a recovery for ETH by 2025. He emphasized that the crypto market this year has two characteristics: BTC hitting a new all-time high and the meme coin frenzy driving the rise of SOL. Compared to BTC's 130% gain and SOL's 106% gain, ETH's 66% return so far this year pales in comparison. However, recent signs indicate that market sentiment is reversing. Over the past 10 days, ETH ETFs have attracted $2 billion in net inflows, 8 times the $250 million net inflows in the first four months. Additionally, in the past 10 trading days, only 3 days saw ETH ETF daily inflows below triple digits. This surge indicates that institutional and retail investors are regaining interest in Ethereum. Furthermore, the tokenization of RWA could be the driving force behind Ethereum's revival, with a global value of around $100 trillion. While most of this market may take decades to shift to the blockchain, Leon sees significant potential upside. Considering that Ethereum accounts for 81% of the RWA market, Leon estimates that Ethereum-related activities in the RWA market could eventually generate over $100 billion in annual fees, more than 40 times the $2.4 billion in fees the network has generated so far this year. (CryptoSlate)