$ETH

The price of Ether (ETH), the second largest cryptocurrency in the world, has once again shown a significant strengthening trend, breaking the US$2,800 level for the first time in 15 weeks.

According to CoinMarketCap data on Wednesday (11/6/2025), the price of ETH continued to rise from US$2,658 to a daily high above US$2,832, the highest price since the end of February. As of this article's writing, the price of ETH has corrected to US$2,786 but still records a 3% increase in the last 24 hours.

Ether is now beginning to shift attention away from Bitcoin (BTC) among investors. TradingView data cited from CoinDesk noted that the spread between the 30-day implied volatility index of Ether (EVIV) and Bitcoin (BVIV) surged to 34%, the highest level since the collapse of the FTX exchange in November 2022.

This widening spread indicates that the market anticipates much larger price movements for ETH compared to Bitcoin in the coming weeks.

The surge in Ethereum's price is also supported by new fund inflows into Ethereum investment products. The ETH spot ETF in the US reportedly managed to attract funds amounting to US$812 million in the last two weeks, the largest so far this year. In contrast, the Bitcoin ETF only recorded fund inflows of less than US$400 million during the same period.