On June 12, Bitcoin ETF saw a net outflow of 164 million USD, while Ethereum ETF had a net inflow of 240 million USD. It seems that this is the first time the fund inflow of Ethereum ETF has exceeded that of Bitcoin ETF, with the largest inflow being BlackRock's ETHA. It is highly likely that the stablecoin bill is about to be passed, and the chain with the highest probability for issuing stablecoins will definitely still be Ethereum.

The Trump administration urgently needs everyone to issue stablecoins, because once a company issues a stablecoin, it will use the same amount of cash dollars or U.S. bonds to pledge, and U.S. bonds have income, so everyone should give preference to using U.S. bonds as collateral, and trading companies use stablecoins to pay for some goods, obviously due to cross-border payments, cross-border payments are not only inefficient, but also relatively costly. If cross-border trading companies rush to issue stablecoins, the U.S. debt crisis will be alleviated a lot. Letting these stablecoin companies carry their debts on their shoulders in disguise is actually a win-win event, and it may be one of the most important points of the Trump administration's big call for cryptocurrencies this time.
In summary, it's good news for $ETH. I believe that in this round of bull market, ETH will still reach new highs.