Ethereum’s Price Boosted by Institutional Interest, Holding Above $2,900 Amidst ETF Inflows

Ethereum’s price continues to show strength, remaining above $2,900 despite recent market fluctuations. This resilience is largely attributed to substantial inflows from exchange-traded funds (ETFs), with BlackRock leading the charge with a notable purchase of approximately $92.6 million. This major investment signals growing institutional confidence in Ethereum’s potential and could indicate an upward price trajectory for the cryptocurrency. 💰 Blackrock’s return marks a significant boost to the market as it re-enters the Ethereum ETF space. 📈