
Ethereum Price Inches Closer to $5,000 as Institutions Pour $1 Billion into ETH
Ethereum has just smashed its all-time high, nearing the $5,000 level for the first time in history. This latest price move is fueled by a massive wave of institutional buying, with on-chain data from Arkham showing that spot ETFs have collectively scooped up $1 billion worth of ETH in just the last few days. How we got here. This breakout didn’t come from nowhere. Here was our analysis of the key levels right before the price took off. Institutional Floodgates Open for ETH BlackRock led the charge with a $640 million buy, followed by Fidelity with $270 million and Grayscale…





