Spot Ethereum exchange-traded funds (ETFs) in the U.S. experienced a record high inflow of $729.1 million on Wednesday, signaling sustained investor interest in the cryptocurrency. This follows a period of strong inflows throughout the week, with Monday and Tuesday seeing similar figures of over $1 billion. BlackRock’s ETHA ETF dominated this influx, attracting nearly $501 million in new investments. Fidelity’s FETH followed close behind with approximately $154 million. 3.44% growth was recorded for Ethereum on Wednesday, reaching a price point of $4,772 according to CryptoAppsy. This surge in demand coincides with recent upward trends in institutional investment and growing popularity of Ethereum ETFs. A significant update from analysts at Standard Chartered has also boosted market confidence. The firm revised their year-end forecast for Ethereum from $4,000 to $7,500, citing a combination of factors including increased institutional purchases, ETF flows, evolving stablecoin policies in the U.S., and favorable technical outlook. This positive trend aligns with the bullish sentiment surrounding Ethereum, bolstering its market performance.