$ETH The latest news about Ethereum (ETH) shows a dynamic landscape. On the ETF front, there have been significant capital inflows into spot Ethereum ETFs, with BlackRock and Fidelity leading the acquisitions. This suggests growing institutional confidence in ETH and could drive future market expansions. Investment products in Ether have recorded inflows of nearly $300 million in the last week, marking the best streak since Trump's election.
Regarding its price, ETH has been trading in a relatively narrow range, but several indicators suggest potential upward movement. The growth of the Ethereum network, coupled with ETF flows, is attracting new investors. In fact, ETH has surpassed $2,700 USD and its staking has reached an all-time high, with nearly 30% of the circulating supply now locked.
In terms of development, Ethereum developers have launched a new test network for the Pectra upgrade, demonstrating ongoing progress on the protocol's roadmap. A privacy proposal is also being discussed that seeks to align the network with the EU's GDPR standards.