ETH Surges 3.13% Amid $465M ETF Outflows as U.S. Regulatory Shift Boosts Market Sentiment

Ethereum (ETHUSDT) experienced a 3.13% price increase over the last 24 hours, rising from a 24h open of 3572.51 to a current price of 3684.45 on Binance. This upward movement follows a period of volatility marked by significant ETF net outflows totaling $465 million and large institutional transfers by BlackRock and Fidelity, which contributed to short-term downward pressure earlier in the week. However, recent regulatory developments in the U.S., including a market structure bill viewed as favorable for Ethereum, have provided underlying support and improved sentiment. Despite a 15.40% decrease in overall trading volume to $23.5 billion, Ethereum maintains a strong market capitalization of approximately $444.3 billion, with the ETH/USDT pair on Binance accounting for over $1.33 billion in volume, reflecting continued active trading and resilience above key support levels.