ETH Token Surges 5.45% as Record $908M ETF Inflows and Institutional Adoption Drive Rally

ETHUSDT has experienced a notable 5.45% price increase in the past 24 hours, rising from a 24h open of 2944.34 to a current price of 3104.69 on Binance. This upward movement is primarily attributed to strong institutional inflows into Ethereum ETFs, with last week seeing record net inflows of $908 million, alongside growing adoption by major financial institutions such as BlackRock and Standard Chartered. Heightened trading activity and increased investor interest have also been fueled by positive sentiment around treasury purchases and the anticipation of further ETF-driven demand, despite ongoing global geopolitical tensions contributing to broader market volatility. Ethereum's market capitalization remains robust, and trading volume continues to be high, reflecting sustained investor engagement as the asset navigates key resistance levels near $3,080 and targets higher price ranges.