$ETH
🔹 Price Overview
Ethereum is currently trading at ≈ $2,537, after rising to $2,764.7 and then retreating to $2,466, reflecting strong movements throughout the day.
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📈 Spot ETH ETF Flows
According to Cointelegraph, we have seen "Spot ETH ETF flows extend for two weeks," with figures exceeding $837.5 million since the beginning of June.
Additional insight: ETH investor funds attracted $296 million just last week, marking the highest rate of inflow since the Trump election.
Analysts suggest that these funds may receive about 20–25% of Bitcoin fund flows, with strong expectations for ETH to trend upward towards $3,000 soon.
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⚙️ Technical Update – Dencun
The Dencun upgrade (which includes EIP‑4844) went into effect in March 2024.
It featured "blobs" that significantly reduced transaction fees via Layer‑2, benefiting users of secondary networks like Arbitrum and Optimism.
Reports from Glassnode, Forbes, and Consensys confirmed gas fee savings exceeding 90% in some cases.
This upgrade enhances ETH's usability in dApps and DeFi and lowers barriers to institutional adoption.