🚀 $ETH breaks record at $4,956 with record inflows and a firm gaze towards $7K
Ethereum reached a new all-time high of $4,956, driven by a surge of institutional capital that redefines its position in the market:
$1.83 billion in inflows to ETFs in five days, far surpassing the $171 million of Bitcoin in the same period.
Thirteen weeks since July, nearly $10 billion has been channeled into Ethereum ETFs, consolidating its strength against BTC.
Analysts like Geoffrey Kendrick from Standard Chartered project that ETH could reach $7,500 by the end of 2025, backed by this institutional wave.
All this activity comes after Powell's dovish speech in Jackson Hole, which increased appetite for risk assets like ETH.
Are you joining the institutional ETH rally or do you prefer to wait for a consolidation before the next jump?
