ETH Surges 8.59% as U.S. Spot ETF Inflows and Beacon Chain Staking Hit New Highs

Ethereum (ETHUSDT) has experienced an 8.59% price increase over the last 24 hours, rising from a 24h open of $2,539.38 to $2,757.49 on Binance. This upward movement is primarily attributed to strong institutional inflows into U.S. Ethereum spot ETFs, which have seen $837.4 million in net inflows over the past 15 days, and a record high in staked ETH on the Beacon Chain, indicating more holders are opting to stake rather than sell. Recent volatility has also been influenced by macroeconomic factors such as U.S.-China trade tensions and large-scale liquidations in the broader crypto market.

At present, Ethereum is trading at $2,757.49 with a 24-hour trading volume exceeding $27 billion, maintaining its position as the second-largest cryptocurrency by market capitalization and showing robust market activity and liquidity.