<ul data-eligibleForWebStory="true"><li>Ethereum broke above $2,800 for the first time since February, with a positive alignment of regulatory, market, and technological factors supporting ETH's surge.</li><li>BlackRock's iShares Ethereum Trust ETF (ETHA) saw significant inflows, indicating renewed institutional confidence in Ethereum.</li><li>Ethereum's recent spike in value is attributed to regulatory optimism, as the SEC hinted at potential relief for DeFi projects.</li><li>Ethereum governance tokens like Uniswap, Aave, and Sky also saw price increases in response to positive regulatory signals.</li><li>Vitalik Buterin's support for a scalability upgrade to Ethereum's base layer signals long-term commitment to Ethereum's development.</li><li>Ethereum's recent Pectra upgrade was successful and significant, reinforcing confidence in the platform.</li><li>The influx of funds into U.S.-listed Ethereum ETFs, totaling $3.5 billion in net inflows since July, indicates growing institutional interest.</li><li>As Ethereum gains momentum and with regulatory and technical factors in its favor, investors are showing renewed interest in the cryptocurrency.</li></ul>

Ethereum ETFs Just Had Their Best Day Since February

Discover more