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ETHFI Rallies 8.12% Amid Ethereum ETF Surge and DeFi Rotation

Guavy AI Editorial Team
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ETH ETHFI
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Ether.fi (ETHFI) has surged by 8.12% over the past 7 hours, driven largely by the Ethereum ETF rally and sector-wide DeFi rotation.

The move comes as U.S. spot Ethereum ETFs have seen their strongest inflows in about 10 months, with roughly $189 million on August 19 and $220 million on August 20.

Ethereum itself has added over $12 billion in market capitalization in the past 24 hours, trading around $2,400 and regaining levels last seen months ago.

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