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ETF and staking inflows drive ETH above $3,300
US-listed spot Ethereum (ETH) exchange-traded funds (ETFs) recorded about $130 million in net inflows on Tuesday, their largest in nearly a week, per SoSoValue data. BlackRock's ETHA recorded the largest inflow, attracting $53.3 million after four consecutive days of outflows. The return of institutional interest follows softer-than-expected December Consumer Price Index (CPI) data, which triggered a spike in crypto prices.The price growth follows a surge in the Ethereum validator entry queue to 2.34 million ETH — its highest level since August 2023 — and a collapse in the exit queue from 2.5 million ETH to 288 ... (full story)
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