ETH Price Dips 2.97% Amid $1 Billion ETF Inflows and Major U.S. Regulatory Shift

Ethereum (ETHUSDT) experienced a 2.97% price decline over the last 24 hours, with the current price at 4547.79 USDT on Binance, opening at 4687.19 USDT. The price drop is primarily attributed to a brief, broader crypto market correction despite strong bullish sentiment driven by substantial inflows into spot US Ethereum ETFs, which surpassed $1 billion in a single day and over $10.8 billion in early August 2025. Additional factors supporting recent market activity include increased institutional interest, positive regulatory developments such as the passage of the U.S. GENIUS Act, and significant network events like large ETH ETF inflows and USDC minting. Ethereum remains highly active, with a 24-hour trading volume of 1.27 million ETH (5.94 billion USDT) on Binance, and continues to rank second by market capitalization, reflecting robust investor engagement and ongoing volatility.