🔥 ETH Surges 3.5% as $2.9B Inflows & Robinhood’s L2 Play Boost Sentiment
Ether climbed 3.5% in 24 hours, touching $2,519 on June 30 — driven by:
✅ A record $429M weekly inflow into ETH investment funds
✅ Nearly $2.9B total YTD inflows, reducing exchange supply
✅ Robinhood’s plan to build a Layer-2 on Arbitrum, signaling mass retail DeFi interest
✅ Progress from EthCC (developer momentum) and Vitalik’s ZK-identity framework
Crypto bulls see this as a critical breakout: strong demand, reduced liquid supply, and tangible infrastructure growth.
Do you think ETH will break above $2,600 next, or is this a temporary bounce?
By: Siamak Masnavi, CD Analytics
Edited by: Aoyon Ashraf
Source: CoinDesk – July 1, 2025
