Ethereum Soars Past $4,600 with Grayscale’s New ETP Launch – Analysts Predict Continued Growth

Ethereum price has experienced a notable surge, reaching a new all-time high of over $4,665. This upward momentum coincides with the launch of Grayscale’s first Ethereum staking ETP (exchange-traded product) in the U.S., offering investors an opportunity to directly earn rewards and potentially driving institutional interest. This news has sparked bullish sentiment in the crypto market. 839,000 ETH, held in a debt-free manner by SharpLink Gaming, highlights their strong confidence in Ethereum’s long-term prospects.