#ETHRally recently, driven by several key factors:
### **Current ETH Price (As of Latest Data)**
- **ETH Price**: ~$3,500 - $3,800 (varies by exchange)
- **Recent Surge**: Up ~20-30% in the past month (subject to market conditions)
### **Key Reasons Behind the ETH Rally**
1. **Spot Ethereum ETF Approval Expectations**
- The SEC has approved **19b-4 filings** for spot Ethereum ETFs, though trading hasn’t started yet (awaiting S-1 approvals).
- Analysts expect inflows similar to Bitcoin ETFs ($10B+ in the first year).
2. **Bitcoin ETF Success Spillover**
- Bitcoin ETFs saw massive inflows, and investors expect ETH ETFs to follow suit.