Ethereum ETF Inflows Surge, ETH Eyes Crucial $3,000 Milestone
Ethereum's U.S. spot ETFs have seen a significant turn-around in investor interest, with $143.7M in net inflows recorded on September 18.
This follows three consecutive trading days of net outflows, suggesting that investors are now looking to capitalize on Ethereum's growing demand.
The current price of ETH is around $2,730, and a rise of about 10% would take it to the highly-anticipated $3,000 mark.
This significant milestone has been a focus for many traders and investors, given its established uses in various applications such as stablecoins, decentralized exchanges, and lending platforms.