ETH Surges 2.72% as $726M Flows Into U.S. Spot ETFs, Regulatory Wins Boost Market

Ethereum (ETH/USDT) experienced a 2.72% price increase over the last 24 hours, with the current price at 3,495.98 USDT according to Binance data. The recent price gains are primarily attributed to significant institutional inflows into U.S. spot Ethereum ETFs, which saw over $726 million in new investments on July 16, 2025, including substantial allocations from BlackRock and Fidelity. Additionally, positive regulatory developments, such as the passage of the GENIUS Act for stablecoin regulation and the CLARITY Act for digital asset frameworks by the U.S. House of Representatives, have contributed to improved market sentiment and increased trading activity.

Market activity remains elevated, with Ethereum’s 24-hour trading volume ranging from $55.48 billion to $74.88 billion and a market capitalization of approximately $436.39 billion. The price has fluctuated between a 24-hour low of $3,372.51 and a high of $3,673.84, reflecting ongoing volatility amid strong institutional interest and mixed analyst outlooks.