Grayscale Investments said Ethereum stands to gain if the United States continues to pursue a more supportive stance toward digital assets, according to a market commentary released 5 July. The asset manager argued that a clearer federal framework for stablecoins would reduce regulatory uncertainty, encourage greater institutional investment and accelerate adoption of Ethereum-based smart-contract applications. The firm added that policy clarity could bolster demand for Ether as the foundational token of many decentralized finance platforms and tokenized real-world assets. While Grayscale did not provide specific price targets, it said enhanced market access and compliance standards for dollar-pegged tokens would make Ethereum’s ecosystem more attractive to both retail and institutional users.