Ethereum Experiences Strong Investment Flows Post Pectra Upgrade

Digital asset investment products saw significant inflows last week, totaling a record $785 million. This surge brought year-to-date inflows to $7.5 billion, surpassing the previous high of $7.2 billion seen in February. Notably, Ethereum stood out with strong inflows of $205 million last week, pushing its year-to-date total to $575 million following the successful deployment of the Pectra upgrade on May 7th. This resurgence coincides with the appointment of co-executive director Tomasz Stańczak.