Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound:

Key Points

•Ether at one point Wednesday traded as high as $4,752.14, putting it less than $200 away from its November 2021 all-time high.

•Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs.

•Standard Chartered raised its price target on ETH to $7,500 by the end of the year from $4,000.

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