Ethereum Rockets 18% to $2,375 on Record ETF Inflows

Ethereum's price surged by over 18% in just 24 hours to reach $2,375, driven by record-breaking inflows into US spot Ethereum ETFs. BlackRock's ETHA fund led the way with a massive $189.15 million influx of funds.

This significant investor activity is accompanied by large holders moving substantial amounts of Ether off exchanges, indicating strong accumulation and renewed institutional interest in the market.

Breaking above $2,500 is seen as a key level for sustained momentum, but analysts caution that potential pullbacks could be buying opportunities. Ethereum's technical strength and renewed institutional interest are driving this surge.