Robinhood Chain Tops $70M Bridged ETH as Ethereum Holds 57% Tokenized Fund Share

Robinhood Chain’s July 1 launch is driving fresh Ethereum demand, bridging over $70 million in ETH, attracting 194,000 daily users and pushing TVL past $80 million in its first week. The Arbitrum Orbit chain uses ETH for gas and trading pairs, generating roughly $39,000 in daily revenue. This follows Ethereum’s established dominance in tokenized funds, where 56.5% of all such funds and 59.6% of assets reside on the network. The tokenized fund market has surged from $2 billion to $32.4 billion in 18 months, highlighted by BlackRock’s $2.9 billion BUIDL and JPMorgan’s $100 million MONY. With ETH trading near $1,770 and up over 3% weekly, the developments reinforce Ethereum’s structural role in institutional blockchain adoption.