Ethereum’s price surged for six consecutive days, driven by record ETF inflows and corporate accumulation, reaching $3,580 with a 158% increase since May.
Ethereum's price has surged to approximately $3,580, marking a 158% increase since May. This rally coincided with record inflows of $2.1 billion into Ethereum ETFs over the past week, with cumulative inflows exceeding $7.49 billion. BlackRock’s ETHA ETF leads with $9.17 billion in assets. Other metrics also showed strong performance, including a record futures open interest of $51 billion and stablecoin supply reaching $130 billion. Technical indicators suggest continued upward momentum, with a potential target of $4,000.