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Ethereum ETFs attract significant inflows amid post-election confidence

ETH experiences continuous inflows: Ethereum ETFs in the US have recorded ten consecutive days of positive capital inflows, highlighting renewed investor confidence. This streak marks significant activity in the Ethereum market, especially following the recent US presidential elections, ending on December 6 with total fund inflows of $83.3 million.

Ethereum price exceeds 4,000 USD: For the first time since March 2024, the price of Ethereum has crossed the 4,000 USD mark. This reflects a growing bullish sentiment in the cryptocurrency market, driven by the consistent inflows into Ethereum ETFs, adding momentum to Ethereum’s upward price trend.

Fidelity leads with MAJOR inflow: Fidelity’s Ethereum Fund led the inflows on December 6, bringing in approximately $47.9 million. This showcases a strong market performance, alongside BlackRock’s iShares Ethereum Trust with $34.56 million in inflows, collectively amplifying the overall positive Movement seen in these investment vehicles.

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