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Ethereum ETFs saw a record $726 million in net inflows on Wednesday, marking their best trading day yet. The surge coincided with ETH hitting its highest price since January, fueled by institutional accumulation and regulatory optimism.
- Ethereum ETFs achieved a record $726 million in single-day inflows, the highest in their trading history.
- Institutional investors like BitMine Immersion and SharpLink Gaming are aggressively accumulating ETH, with the latter purchasing $225 million worth.
- The GENIUS Act's potential passage could further boost Ethereum's role in stablecoin transactions, outpacing Bitcoin's benefits.
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