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Ethereum Edges Higher on Institutional Inflows Despite Hoskinson's Cautionary Tweet

Guavy AI Editorial Team
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ETH
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Ethereum's price has edged higher, reaching $1,938.70 after a moderate gain of 0.93% versus its prior close.

The rise in Ethereum's price is attributed to ongoing technical momentum, renewed institutional inflows into US spot Ethereum ETFs, and a broader sentiment boost tied to regulatory clarity.

However, Charles Hoskinson's dismissive tweet about his historical involvement with Ethereum has added to the conversation, but it does not directly alter market demand or sentiment for ETH.

Institutional accumulation continues to accelerate as US spot Ethereum ETFs logged $337 million in inflows in July 2026, with BlackRock leading recent activity.

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