Ethereum Price Nears Record High, Fueled by BlackRock Investment and ETF Inflows

Ethereum has surged towards a new all-time high (ATH) of $4,891, breaking through the $4,800 barrier. This impressive rise is driven by significant institutional investment, particularly from BlackRock’s recent purchase worth $233 million. This move signifies growing confidence in Ethereum’s role within the financial world and bolstered further by Ethereum ETFs attracting substantial inflows recently.