Ethereum ETFs Hit $1B Inflows Led by BlackRock, Powering $4K Recovery Despite Dip

Ethereum exchange-traded funds (ETFs) have recently experienced a remarkable surge in inflows, reaching a total of $1 billion. This significant increase has been largely driven by the involvement of major financial institutions, notably BlackRock, which has played a pivotal role in attracting substantial investments into the cryptocurrency space. As a result of these inflows, Ethereum has seen a notable recovery, with its price climbing back to around $4,000, even in the face of market fluctuations that had previously caused a dip in value. source: https://blocknews.com/ethereum-etfs-hit-inflows-led-by-blackrock-powering-4k-recovery-despite-dip/