ETH наконец-то присоединился к бычьему тренду: его цена впервые с марта этого года превысила 4000 долларов.

This impressive surge follows growing interest and demand for Ethereum spot ETFs, with Thursday being the best day in terms of net inflows.

On the day the US presidential election was decided – November 6 – the price of ETH was hovering around $2,500. Once it became clear that Trump would be the next US president, BTC and most altcoins exploded.

Ethereum also rose, but was overshadowed by Bitcoin and many altcoins such as XRP, DOGE, XLM, TRX, SOL and even BNB at some point. Many of them reached new all-time highs, while others reached multi-year peaks.

ETH was unable to keep up, and its price was held in a tight range between $3,000 and $3,400 for several weeks. However, its moment finally arrived in the last week or so, with the second-largest digital asset jumping 14% in that time frame.

Moreover, ETH has gained more than 6% in the last 24 hours alone, helping it breach the coveted $4,000 level for the first time since March of this year.

Perhaps the most likely reason for this impressive rally is the changing dynamics surrounding Ethereum spot ETFs. The financial instruments have struggled to attract investor attention for months, especially compared to their BTC counterparts, but the landscape is completely different now.

Ethereum ETFs recorded their best day to date on December 5, when they saw $428.5 million in net inflows. This beat the previous record of $332.9 million set on November 29.

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