ETH Surges 5.24% as Record ETF Inflows and Regulatory Clarity Drive $1.78B Weekly Boom

Ethereum (ETHUSDT) has experienced a notable price increase of 5.24% over the last 24 hours, rising from 3550.12 to 3736.06 on Binance. This upward movement is primarily attributed to strong institutional inflows, particularly record-breaking ETF investments, with Ethereum ETFs seeing $726 million in daily and $1.78 billion in weekly inflows. Additional support comes from significant corporate purchases, such as Bit Digital acquiring 19,683 ETH, and broader market optimism following the global crypto market capitalization surpassing $4 trillion. Regulatory clarity from the newly signed GENIUS Act, which establishes a U.S. framework for stablecoins, has also contributed to positive sentiment.

Currently, Ethereum is trading at 3736.06 USDT on Binance, with robust 24-hour trading volume and a market capitalization around $441 billion, reflecting strong momentum and heightened investor interest.