This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Ethereum (ETH) is riding a bullish wave fueled by record ETF inflows and growing corporate interest in ETH treasuries. The asset has defied expectations, holding above $2.6k amid declining exchange reserves. Analysts see potential for further gains if key resistance levels are broken.
- BlackRock and Fidelity's ETH ETFs have seen 11 consecutive days of inflows, totaling $3.12 billion since launch.
- BioNexus Gene Labs becomes the first Nasdaq-listed company to prioritize ETH in its treasury, citing staking yields.
- Centralized exchange ETH reserves hit a yearly low of 18.32 million, signaling reduced sell pressure and bullish sentiment.
📎 Related coverage from: crypto-news-flash.com