Ethereum came within $200 of its all-time high on Wednesday, powered by a flood of ETF inflows and a wave of tokenized stocks. The cryptocurrency, trading under the ticker ETH, rose above $4,730 during the session before settling near $4,705, marking its strongest performance since late 2021. Investor demand for ether-focused exchange-traded funds has surged to $1.5 billion so far this week, dwarfing the $244 million that flowed into bitcoin ETFs. It marks the fourth consecutive week ether funds have outpaced their bitcoin counterparts, a reversal from the muted trading they saw for most of their first year on the ... (full story)