Ethereum ETFs Surge with $295M Daily Inflows, ETH Price Nears $3,400
- Spot Ethereum ETFs reported their highest single-day inflows of $295 million.
- Fidelity’s FETH led with $115.5 million, followed by BlackRock’s ETHA with $100 million.
- ETH price surged 5.5%, reaching $3,370, marking a 38% weekly gain.
- Ethereum’s market cap surpassed $400 billion, overtaking major banks.
Ethereum ETFs are gaining momentum, with inflows exceeding $500 million over four days post-election, coinciding with a 38% weekly ETH price surge.
Ethereum’s rising inflows and price gains highlight its growing investment appeal and potential to drive broader altcoin market growth. With futures interest at a record $17.93 billion, Ethereum’s market influence is set to expand further.
