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Coin-Turk 11 minutes ago
22
Recently, Ethereum 
$3,820 briefly surpassed the $4,000 mark. However, this increase was short-lived as profit-taking by investors led to a decline, pushing the price back below critical resistance levels. This fluctuation indicates that investor interest in Ethereum remains strong.
Surge in Interest for Ethereum Spot ETFs
In recent weeks, demand for Ethereum spot ETFs has shown a remarkable increase. Data reveals a net inflow of $2 billion into Ether funds, representing an eightfold increase compared to the previous four-month period. This development underscores the growing institutional interest in Ethereum.
The popularity of Ethereum, especially among institutional investors, is enhancing its impact within the financial ecosystem. Experts note that this interest through spot ETFs could significantly influence Ethereum’s long-term price movements.
Bitwise Predicts Ethereum Will Shine in 2025
Juan Leon, Senior Investment Strategist at Bitwise, expresses optimism about Ethereum’s future. He emphasizes, “Ethereum has subs…
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