#ETHCrossed2500
Ethereum recorded a 21.8% gain on Thursday, its highest single day gain since May 24, 2021, according to the Binance ETH/USDT TradingView chart.
Despite the rise, US spot Ether ETFs stretched their negative flows to three consecutive days of net outflows after shedding $16.11 million on Thursday, per SoSoValue data. Ethereum's funding rates also remained at normal levels near 0.01, indicating the rally wasn't inspired by ETF flows or high leverage trading.