Ethereum Inflows Surge Past $785 Million After Pectra Upgrade

Ethereum’s performance in the past week was particularly notable, with inflows exceeding $785 million. This surge marks a significant turnaround from earlier this year, as CoinShares data reveals weekly inflows jumped to $205 million last week, a major increase from the previously reported $1.5 million. Analysts attribute these substantial increases to Ethereum’s recent Pectra upgrade and the appointment of a new co-executive director, Tomasz Stańczak. This positive momentum is reflected in CoinShares research, which highlights Ethereum as the standout performer with impressive inflows and year-to-date totals surpassing $7.5 billion.