ETH Surges 2.15% as U.S. Spot ETF Inflows Hit $2.85B and Unstaking Activity Accelerates

Ethereum (ETHUSDT) has risen 2.15% in the past 24 hours, currently trading at $4,531.42 on Binance. The price increase is primarily attributed to record inflows into U.S. spot Ethereum ETFs, totaling $2.85 billion for the week, and renewed institutional interest following recent regulatory developments. Additional factors include significant ETH withdrawals and unstaking activity, with over $3.8 billion queued for unstaking and major platforms such as Lido, EthFi, and Coinbase leading withdrawal volumes. Despite a recent sell-off by an Ethereum Foundation-linked wallet, bullish sentiment has returned, supported by strong recovery from recent lows and anticipation of further network upgrades. Ethereum maintains robust market activity, with a 24-hour trading volume exceeding $22 billion and a market capitalization above $546 billion, while short-term momentum remains positive amid broader market volatility.