A wave of analysts predicts Ethereum (ETH) will hit all-time highs, with September being a key month. Arthur Hayes, co-founder of BitMEX, bought Ethereum, confident it will reach $20,000 this cycle. Ethereum is trading at $4800, up 14.25% in 24 hours. Institutional investment is flowing into Ethereum ETFs, with $287.61 million in net inflows on August 21. Bitcoin whales are shifting to Ethereum, selling $523.5 million in BTC and buying $353.6 million in ETH. Interest in Bitcoin is low, while sentiment favors Ethereum as institutions move investments. BitMine Immersion Technologies holds 1.52 million Ethereum, fueling the ongoing bull run.

Read more at Yahoo Finance: Ethereum could rally around $20K, predicts veteran analyst