Ethereum Sees Massive Inflows as Investor Confidence Grows

​Ethereum has experienced a significant surge in institutional interest, with Ethereum-focused investment products attracting over $1.3 billion in inflows over the past week. This influx of capital comes as traders respond to dovish signals from the Federal Reserve, which has hinted at a potential September rate cut. The renewed optimism has pushed the price of ETH to fresh highs, with the cryptocurrency briefly topping $4,920 on Friday to hit its highest level in four years. On-chain data suggests that large investors, or "whales," are shifting their focus from Bitcoin to Ethereum, which could further fuel its upward momentum.

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