US spot Ethereum exchange-traded funds (ETFs) experienced a remarkable surge in inflows, reaching $729 million on Wednesday alone. This marks the second-highest daily inflow on record, driven by a growing interest in Ethereum’s price gains as it approaches its previous all-time high of $4,878. 3% shy of that mark currently stands at $4,744. 3%, investors are flocking to ETFs, with inflows exceeding $2.3 billion over the last three days – a leap of 8.5% from the previous record. BlackRock’s iShares Ethereum ETF (ETHA) led the charge, attracting over $500 million in inflows, while Fidelity’s Ethereum Fund (FETH) added another $155 million. These record-setting inflows follow a streak of seven consecutive days of positive flows totaling $3.07 billion. Market experts suggest this momentum could continue as ETH nears its previous peak.