Ethereum Sees Record ETF Inflows as Whales Accumulate Big

Ethereum Exchange-Traded Funds (ETFs) have seen significant inflows in recent weeks, totaling $244.94 million over the past week. This influx of capital is a sign that institutional investors are showing renewed interest in Ethereum.

Major Ethereum whales also made large purchases, buying 80,000 ETH worth $152 million. This has pushed the Whale Sentiment Index to 66, indicating strong accumulation. Technical indicators and monthly buy signals suggest potential for a rally toward $3,000, but analysts highlight $2,000 as an immediate technical target.

The U.S. Senate began voting on the CLARITY Act, which could impact Ethereum's regulatory environment if passed.