<ul><li>Spot Ethereum ETFs, including BlackRock’s iShares Ethereum Trust (ETHA), have surged significantly, leading to Ethereum (ETH) price surpassing $2,400 for the first time since March.</li><li>The Ethereum ETFs' rally is attributed to positive developments within the Ethereum ecosystem, enhancing its competitive edge against other cryptocurrencies like Solana.</li><li>Ethereum saw a 25% surge after the implementation of the Pectra upgrade, focusing on enhancing transaction capacity and efficiency to stay competitive in the market.</li><li>While Ethereum ETFs experienced mixed movements, with cautious investor sentiment, recent gains and developments, such as the Pectra upgrade, will likely influence Ethereum's future performance.</li></ul>

Spot Ethereum ETFs Rally Following Pectra Upgrade, Driving ETH Over $2,400

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