ETH price taps $4,000 for the first time in 8 months amid rapid Ethereum treasury accumulation and rising ETF inflows

The price of Ethereum  ETH +3.86%

's native asset ether rose above the $4,000 level for the first time in eight months on Friday, reaching an intraday high of $4,013.67 on crypto exchange Coinbase, before correcting slightly.

The second-largest cryptocurrency by market cap is up 3.8% over the past 24 hours, 11.3% during the past week, and more than 50% in the past month, according to The Block's ETH price page. It last traded above $4,000 on Dec. 16, reaching a peak of $4,107.

ETH had struggled against BTC for most of 2025, losing half of its value against bitcoin before it bottomed at a ratio of around 0.018 during the aftermath of President Donald Trump's Liberation Day tariff announcements in April. However, ether has enjoyed a period of outperformance since, gaining approximately 90% against bitcoin from April 21.

Nevertheless, ETH is still tracking slightly behind BTC for 2025, up 19.2% year-to-date compared to 25%, and remains down around 18% from its all-time high of $4,867, set in November 2021.