$ETH

Big news — several Ethereum Spot ETFs officially launched this week in the U.S. (following Bitcoin ETFs earlier).

That’s giving ETH a price boost because now big investors (like pension funds) can buy ETH more easily.

ETH Price Action:

ETH is trading around $3,250–$3,400, depending on the platform.

It spiked earlier this week because of the ETF excitement but cooled off slightly today.

Network Activity:

Ethereum's Layer 2s (especially Base and Arbitrum) are seeing record-high transaction volumes.

Fees on the main Ethereum chain are low compared to last year, thanks to these scaling solutions.

Regulatory Updates:

The SEC is still debating stricter rules for staking platforms.

But right now, Ethereum staking is allowed, and yields are steady at around 3–4% annually for stakers.

Developer News:

Work is ongoing on Ethereum's next big upgrade, called "Pectra", which will improve validator decentralization and make the network even more efficient.