ETH Surges 4.75% as U.S. ETF Inflows Hit $726.6M and Regulatory Wins Boost Confidence

Ethereum (ETHUSDT) has experienced a notable price increase over the past 24 hours, rising 4.75% to $3,591.32 on Binance. This upward movement is primarily attributed to record daily inflows into U.S.-listed Ethereum ETFs, totaling $726.6 million, with significant contributions from BlackRock’s ETHA and its recent filing to enable staking in its iShares Ethereum ETF. Additional positive drivers include strong institutional interest, such as corporate acquisitions of Ethereum, and favorable regulatory developments, notably the passage of three crypto-friendly bills in the U.S. House of Representatives.

Currently, Ethereum is trading at $3,591.32 with a 24-hour trading volume of approximately $4.44 billion USDT, reflecting robust market activity and renewed investor confidence amid increased institutional participation and supportive legislative progress.