Ethereum ETF Inflows Surge, Pushing ETH Price Towards New All-Time High

Ethereum ETFs have seen a surge in inflows recently, with investors piling into the asset. This buying spree has pushed Ethereum prices to new highs, signaling potential for further gains. BlackRock, Fidelity, and Grayscale all contributed significantly to this movement. 📈. These major ETF issuers invested billions of dollars into ETH over the past few days, adding to their already substantial holdings in the digital currency. 💰 Their purchases have been significant, particularly after weeks of selling off large amounts of ETH. This reversal has brought the assets under management (AUM) for these ETFs to almost $30 billion, representing a notable percentage of the total supply. 📊