#ETH. Ethereum's investment products have experienced a new wave of attention, with the spot ETF registered in the United States attracting over $100 million in funds in a single day.

At the forefront of this growth is Fidelity, which surpassed other issuers by adding over 27,000 ETH to its assets, valued at approximately $60.5 million. This push helped raise the total revenue of Ethereum ETFs in the U.S. to over $4 billion, despite the recent overall instability in the cryptocurrency market.
Fidelity's aggressive accumulation even surpassed BlackRock's ETF inflows on the same day, highlighting the growing interest of institutions in leading alternative coins despite ongoing macroeconomic uncertainty.
Analysts see this trend as part of a series of nine weeks of investments focused on ETH, which have increased by over $2.2 billion since the start of the bull market – the strongest similar growth since 2021.
The price of Ethereum slightly decreased at the beginning of the month, but since then it has recovered, increasing by over 7% and breaking through the $2,400 mark. The activity on the blockchain also supports this trend, with the number of new wallets created weekly approaching 1 million, significantly higher than last summer's levels.
The combination of stable capital inflows, increasingly active user activities, and a more favorable regulatory outlook may drive a new wave of momentum for Ethereum. #Kevin Lee入驻Gate广场