Ethereum Rally Accelerates as ETF Inflows Surge: Analysts Eye $5,000 Next

Description

Ethereum (ETH) is propelling the cryptocurrency market higher, trading at $4,625, just 4% shy of its all-time high of $4,891. The second-largest cryptocurrency has gained close to 30% in the past week, outperforming all other top altcoins. Driving this rally are record-breaking inflows into spot Ethereum ETFs, with $1.54 billion entering in just two days. BlackRock’s ETHA fund leads the charge, surpassing $10.5 billion in assets under management. Institutional accumulation is adding fuel to the ...