Ethereum ETF Inflows Surge to 4-Month High

The surge in Ethereum ETF inflows was led by BlackRock's iShares Trust, attracting $303.5 million. This figure represented 93% of total net inflows, highlighting a keen institutional interest. The Securities and Exchange Commission's recent stance on Ethereum staking has further energized this growth.

ETH Soars as Spot ETF Inflows Reach 15-Day Peak

Institutional interest in Ethereum has caused a market shift. Ethereum's price rose above $2,530, aligning with the increased demand. As analyst Luke Nolan from CoinShares points out: