ETH Price Stabilizes Above $1,918 Amid Record ETF Inflows
Ethereum's price has been steadily rising after a modest rebound in the broader cryptocurrency market. The ETH price held above $1,918 following this improvement in sentiment.
The Ethereum exchange-traded funds (ETFs) recorded their largest weekly inflow in nearly four months, with a total of $244.94 million being invested. This surge has boosted cumulative net inflows to $11.46 billion and weekly trading value to $2.38 billion.
Bitcoin's price also remained above $64,900 as major digital assets recovered from recent weakness. The U.S. Senate opened the first stage of voting on the CLARITY Act, which aims to provide regulatory clarity for the broader cryptocurrency market.