Ethereum Etf Recor Register Highly Where ETH Exceeds $ 3400 Star-news.press/wp

The United States exchange funds (ETFS) recorded a daily flow daily at a value of $ 726 million on Wednesday, indicating a strong institutional interest in ETHEREUM with the strength of Altcoin Market. Investment vehicles broke the previous record, which amounted to $ 428 million, set on December 5, 2024, as ETH rose to levels that have not been seen since January this year.

Blackrock leads to ETF flows

according to SocalEtha of Blackrock led the accusation of $ 499 million in flows, followed by Feth’s Feth, which added $ 113 million. In total, ETHE ETFS ETHER ETHER now has more than 5 million ETH, more than 4 % of the ETHEREUM supplies.

These investment funds have brought a cumulative in a cumulative manner 6.48 billion dollars of a net flow since its launch in July 2024. During the past five days trading alone, they attracted $ 1.8 billion in new capital, as investors are increasingly seeking to be exposed to ETH amid market dynamics.

The price of eth is commerce Less than $ 3400 at the time of writing this report, which represents an 8.85 % increase during the past 24 hours. The increase comes when bitcoin dominates decline yet Access to 2020 resistanceProviding expectations that Altcoin Rally may continue in the coming weeks.

Ethereum price scheme — ETHEREUM Prices Prices | Source: TradingView

As is evident from the graph above, the automatic moving averages for 20 days and 50 days at $ 2,866 and 2,647 dollars, respectively, operate as major support levels for the ETH price path as a new encrypted work holidays at all above $ 5,000.

Although fears that the recent prices may have reduced the opportunities for purchase, the data indicates that the whales ETH accumulation. The “0x52E” whale recently spent $ 15.79 million to buy 4,707 ETH, and the “0x310” whale incited 4,413 ETH for $ 15 million, and the “0x8AF” whale shops 2,393 ETH for 8 million dollars.

It is worth noting that all the three purchases were higher than the level of $ 3,340, indicating long -term confidence in the second largest encrypted currency.

In addition, the “0x35FB” whale recently withdraw The last 7,980 ETH (about $ 26.86 million) from KAKEN, indicating long -term reservation behavior. This last step moves the total withdrawals from the stock exchange over the past week to 88292 ETH (at a value of about $ 298.26 million).

ETH Treasury bonds are gaining strength towards ETF success

Meanwhile, companies’ demand on the ether continues to rise, as major public companies allocate large parts of the treasury bonds to ETH. Earlier today, Sharplink Gaming Add The last 10,854 ETH ($ 34.37 million) for its ETH strategy reserve after adding 10,614 ETH (35.62 million dollars) the day before. The company now owns 307,362 ETHs at a value of $ 1.03 billion.

Among the recent acquisitions, the treasury companies that focus on ETH raised about 600,000 ETH, with a value of more than two billion dollars, during the past month. This includes Gamesquare Strategy $ 100 million Puritors are made by point from other things.

Binance Square ab kaii.dong recently Explain on x While the strategies that focus on bitcoin are already saturated, ETH offers a new narration for companies looking to build a stir in the market. The smaller market cover in Ether compared to BTC also leaves a great room for growth and imagination in the market.