Ethereum Breaks Through $4,000 Amid Growing Demand For ETH ETF
The latest development is that on Friday the price of Ethereum exceeded the $4,000 mark for the first time since March. It is up 2.4% in the past 24 hours and 8.4% in the past seven days, outperforming Bitcoin (BTC) on both time frames. The latest feat comes against the backdrop of growing demand for Ethereum ETFs, with the funds collectively recording their largest-ever daily net inflows of over $428 million on December 5. Both Ethereum and Bitcoin ETFs have seen record inflows since Trump’s victory. However, Ethereum remains 17% below its all-time high of $4,878 set in November 2021.
