Ethereum Surpasses Bank of America in Market Cap
- Ethereum’s market cap reached $327 billion, surpassing Bank of America.
- The altcoin’s value rose from $1,800 to $2,700 over 15 days, adding $100 billion.
- Ethereum is now the 31st largest asset globally.
- Spot Ether ETF inflows hit $110.54 million, led by Grayscale and Fidelity contributions.
- Total monthly spot ETH ETF inflows increased by nearly 49% year-to-date (YTD).
Ethereum’s valuation has soared to $327 billion, surpassing Bank of America and becoming the 31st largest global asset. This rise was bolstered by spot Ether ETF inflows totaling $110.54 million, marking a significant increase in demand for Ethereum ETFs this year.
Source (2.6)https://coingape.com/ethereum-overtakes-bank-of-america-spot-ether-etf-inflows-shoot-over-100m/?rand=24432
