Ethereum ETFs show strong inflows: The nine U.S. spot Ethereum ETFs collectively recorded inflows of 83.8 million USD, including 47.9 million USD from Fidelity’s FETH. This upward trend indicates heightened institutional interest in Ethereum, particularly after 10 consecutive days of positive inflows.
Price surge reflects market Optimism: Ethereum’s price reached 4,000.79 USD, with analysts projecting a rise to 5,000 USD by mid-2025. This forecast is bolstered by increased institutional interest, favorable economic conditions, and ongoing positive market sentiment.
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