The price of Ethereum ($ETH ) is approaching the $3,500 mark, with an increase of 8.6% in the past 24 hours, reaching the highest level since the beginning of 2025. This indicates the interest and confidence of investors in this coin ¹.

The main driver behind this growth is the record inflow of capital into Ethereum ETF funds, reaching $726 million in just one day. This shows that the demand from financial institutions for ETH has not diminished ¹.

Some prominent Ethereum ETFs have recorded impressive inflows, including BlackRock's ETHA fund with $499 million, Fidelity's fund with $113.31 million, and the ETH fund managed by Grayscale with $54.18 million ¹.

From the beginning of July until now, the total net inflow into Ethereum ETF funds has reached $2.27 billion, far surpassing previous months, achieving a record high since the fund's launch last year ¹.

The growth of ETH also reflects the interest of financial institutions in this coin, with many listed companies beginning to view ETH as a reserve asset ¹.