TLDR: Ethereum ETFs saw a record $1.02B in daily inflows, led by BlackRock’s $639M. ETH has hit $4,600 , edging closer to its ATH. With total ETF assets at $25.71B and bullish momentum building, ETH could soon break into new highs, fueling hopes of an altseason.

Spot #Ethereum $ETH ETFs recorded a historic day on August 11, pulling in over $1.02 billion in net inflows — the highest single-day figure since launch. BlackRock’s ETHA led the surge, capturing $639 million. This wave of capital underscores surging institutional demand and growing conviction in Ethereum’s future.

Ethereum $ETH has now hit $4,600, pushing even closer to its all-time high. The market sentiment is heating up, with traders noting that if Bitcoin is already nearing its double ATH, Ethereum’s record levels look increasingly achievable.

This milestone comes amid several consecutive positive inflow days for Ethereum ETFs, lifting total net assets to $25.71 billion. The combination of deepening liquidity, accelerating ETF inflows, and bullish momentum could set the stage for Ethereum to break into new price territory.
If Bitcoin maintains its upward trajectory, Ethereum could follow with a sharp breakout, potentially rewriting its price history in the weeks ahead. Remember $ETH is pushing us towards an altseason.🚀
#ETH5kNext? #DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon