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The inflow of funds into the Ethereum ETF has surged, with ETH approaching new highs.
The inflow of funds into the Ethereum ETF reached an astonishing $729 million in a single day, becoming the second-largest single-day inflow in history. This surge in capital coincided with the price of Ethereum breaking $4,700 for the first time, marking a significant moment for crypto investors since November 2021.