Crypto
Ethereum Price Eyes Moderate Recovery Amid Institutional Demand
Ethereum's price is currently at $2,405.77 after a 0.31% increase, still below its all-time high of approximately $4,950.
The U.S. spot Ethereum ETFs have recorded net positive inflows as September trading opened, with BlackRock's iShares Ethereum Trust (ETHA) managing $8.60 billion in assets.
This institutional demand supports a moderate scenario where Ethereum reaches between $2,200 and $3,200 by December, assuming the market finds a bottom during autumn and starts a steady climb.