ETH Surges 5.2% as U.S. Spot ETF Inflows Hit $222M, Trading Volume Soars

Ethereum (ETHUSDT) has experienced a notable price increase of 5.20% over the past 24 hours, rising from 3829.39 to 4028.59. This upward movement is primarily attributed to strong market activity, including a significant surge in trading volume and positive sentiment driven by substantial inflows into U.S. Spot Ethereum ETFs, which totaled $222.3 million. Additional factors contributing to the bullish momentum include Ethereum’s successful clearance of a key supply zone near $3,850, robust transaction activity (1.87 million transactions in the past day), and ongoing discussions about Ethereum’s technological advancements and future price potential. The current market overview shows Ethereum trading at 4028.59 with a 24-hour volume of approximately $2.7 billion on Binance, reflecting heightened investor interest and volatility.