Ethereum Soars 30% to $2,546 as ETF Inflows Surge

Ethereum's price surged nearly 30% to $2,546 over the past week, driven by strong inflows into Ethereum ETFs and a shrinking supply of ETH on exchanges.

The rally was also supported by increased futures activity, although liquidations hit $265 million amid volatile trading.

Spot ETFs attracted nearly $700 million in net inflows, with major players like Blackrock leading demand. This influx of capital has Ethereum's market dominance approaching 11%.