Will $ETH hit $4,000? $ETH surged 60% this month, rising from $2.4K to $3.9K, fueled by ETF inflows, staking token rallies, and renewed on-chain activity. Let’s break it down 👇
2/ US spot $ETH ETFs saw $1.8B in net inflows this week—25x more than $BTC’s $70M. @BlackRock’s iShares Ethereum Trust ($ETHA) alone absorbed $1.3B, while @Grayscale’s trust shed $70M amid fee-driven rotation.
3/ This is $ETH’s strongest inflow streak since early July, according to @FarsideUK's data. $ETH’s price rise has outpaced $BTC significantly, renewing interest in Ethereum-native assets.
4/ In line with $ETH's price appreciation, $COLLAT, $LISTA, and $PENDLE have become the top-performing coins of the week, boosted by liquid staking yields and activity around tokenized assets. Read the full GeckoPulse 👇
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