$ETH Ethereum (ETH) has experienced a significant price increase recently. Here are some possible reasons for this:

- *Increasing Self-Custody Adoption*: Long-term investors are gaining confidence in Ethereum by holding their own assets, reducing sell pressure and encouraging innovation.

- *Ethereum Network Upgrade*: Upgrades like Dencun enhance efficiency, scalability, and security, making Ethereum more competitive.

- *Potential Ethereum ETF*: Approval of a spot Ethereum ETF could boost prices, although there is a risk of "sell-the-news".

- *Impact of Bitcoin Halving*: Bitcoin halving could elevate BTC prices and positively affect the crypto market, including Ethereum.

- *Institutional Investors*: Large inflows into Ethereum ETFs indicate institutional investor interest, increasing demand and prices.

Currently, the price of Ethereum is around $2,793.30 with a 4.40% increase in the last few days ¹. However, it is important to remember that the crypto market is highly volatile and carries risks.