🚀💰Bit Digital now possesses over 120,000 ETH.After receiving $1.78 billion in the previous four days, Ethereum ETFs will have their greatest weekly inflows.ETH surges past $3,600 toward $4,000 critical mark.On Friday, former Bitcoin miner Bit Digital (BTBT) bought 120,000 ETH, pushing Ethereum (ETH) beyond $3,600. After bringing in over $1.78 billion in the previous four days, US spot ETH ETFs are on course to achieve their greatest weekly inflows.Bit Digital acquired 19,683 ETH with $67.3 million via a direct sale, according to Nasdaq. With the transaction, the corporation holds 120,306 ETH.After generating $172 million from a public offering and selling 280 BTC, Bit Digital switched from Bitcoin mining to Ether treasury earlier this month.Several public corporations have opened ETH treasuries to boost shareholders' ETH per share. SharpLink Gaming aims to add $5 billion to its At-The-Market (ATM) assets, which now exceed 300,000 ETH.Strong inflows into US spot ETH ETFs, on pace to post their highest weekly inflows, are driving competition to build an ETH treasury. The products raised $602 million on Thursday, beating BTC ETFs and bringing weekly flows to $1.78 billion. More than tripled its previous weekly record of $854.85 million.The Friday signing of the Guiding and Establishing National Innovation for US Stablecoin (GENIUS) Act by President Trump has also boosted Ethereum. DefiLlama estimates that 50% of the $260 billion stablecoin industry is Layer 1.Coinglass data shows $267.31 million in Ethereum futures liquidations in the previous 24 hours, including $146.88 million and $120.43 million in long and short liquidations.After soaring over 20% over $3,600, ETH has broken multiple resistance levels this week. Top cryptocurrency aims to challenge $4,000 barrier to complete a bullish pennant pattern that began on May 8. ETH might reach its November 2021 all-time high of $4,878 if it breaks this barrier.#ETHBreakout3.5k #ETH $ETH
