ETH Surges 2.14% as $73.3M ETF Inflows and DeFi Growth Drive Bullish Momentum

Ethereum (ETHUSDT) has experienced a 2.14% price increase over the past 24 hours, rising from a 24h open of 4220.47 to a current price of 4310.78 on Binance. This upward movement is primarily attributed to strong institutional investment, significant ETF inflows totaling $73.3 million, and increased demand from treasury companies. Favorable U.S. crypto regulations and ongoing DeFi growth have further supported Ethereum’s market position. Additional ecosystem developments, such as the Ethereum Foundation’s scaling progress and the launch of tokenized funds, have contributed to positive sentiment. Trading volume remains robust, ranging between $29.48 billion and $36.37 billion, with Ethereum’s market capitalization estimated at over $519 billion, reflecting its status as the second-largest cryptocurrency and highlighting sustained bullish momentum in recent days.