U.S. legislative reforms and strong demand for Ethereum ETFs have fueled a $60 billion increase in digital assets by July 2025. This growth marks a nearly 50% rise since May, potentially surpassing last year's record. Key legislative changes include the GENIUS Act, which clarified stablecoin regulations, and the CLARITY Act, enhancing the U.S.'s appeal to crypto companies. Venture capital funding and public company momentum have surged, exemplified by Circle's successful IPO. Ethereum has attracted significant interest, with BlackRock's iShares Ethereum Trust amassing $10 billion in assets. The U.S. SEC approved spot Ethereum ETFs in May 2024, with trading starting on July 23, 2024.