Ethereum Skyrockets as Spot ETF Inflows Reach 15-Day Streak
Ethereum Skyrockets as Spot ETF Inflows Reach 15-Day Streak
Ethereum has gained 1.28 percent in the last 24 hours, reaching a price of 2,538.25 dollars. This surge correlates with new data from CoinShares, revealing that ETH attracted 295 million dollars in weekly inflows โ the highest among digital assets last week.
This consistent inflow of capital showcases growing investor interest in Ethereum. The increase in spot ETF inflows reflects confidence in Ethereum’s future potential, reinforcing its role in the cryptocurrency landscape.
Investors are keenly watching the 2,540 dollar resistance level, as it could determine short-term price movements. A breakup above this level may signal further bullish momentum for Ethereum.
As Ethereum continues to capture significant market interest, analysts predict that this trend could pave the way for greater price stability and growth opportunities in the months to come.