Reported about 9 hours ago
The price of ether has surged over 40% this month, reaching approximately $3,400, driven by strong investor interest and major developments in the regulatory landscape. On July 17, U.S. spot ether ETFs saw daily inflows of $727 million, marking a record high and contributing to over $2 billion in inflows since July 4. Optimism is bolstered by potential regulatory advancements, including the likely passage of the GENIUS Act and CLARITY Act, and the expected approval for staking in spot ether ETFs by the SEC.
Source: YAHOO