Ethereum Prices Soar to New 2025 High Amid Record ETF Inflows
Ethereum hit a new peak of $3,848 on Monday, marking its highest price so far in 2025. The cryptocurrency surged 26% over the past week to trade near $3,786.
The surge can be attributed to record ETF inflows, with U.S.-based Ethereum ETFs receiving over $726 million in net inflows on Wednesday. This marks the best trading day for these funds in their history.
Open interest for Ethereum also reached new highs above $56 billion as institutional investors continue to increase exposure to the second-largest cryptocurrency.