The price of Ethereum rises by 2.3% in a week
Despite tensions in the Middle East, the price of Ethereum remains above $2,500. The price shows an increase of 1.5% in 24 hours and 2.3% in a week. However, it has decreased by more than 1% in a month. #coincheck $ETH
Ethereum's performance against various pairs. Source: Coincheckup
In addition to being relatively strong against the dollar during a complicated period, Ethereum is competing with Bitcoin. Indeed, the ETH/BTC pair has stagnated over the last month and even rises by nearly 2% in three months.
Spot Ethereum ETFs have seen significant inflows since the end of April.
The price of Ethereum continues to trade below the psychological level of $3,000. Nevertheless, institutional players have been active in spot Ethereum ETFs since the end of April:
