Ethereum Surges Amid Market Correction

Ethereum: Market Recovery Leader

Ethereum has recently demonstrated exceptional resilience by attracting $155 million in inflows within a week, a performance that surpasses all other cryptos on the market. While investors are often tempted to withdraw during market corrections, the price drop was seen in this case as a strategic buying opportunity, propelling Ethereum’s net inflows to a total of $862 million since the beginning of the year. This figure, the highest since 2021, testifies to the growing attractiveness of Ethereum, largely supported by the recent launch of spot-based exchange-traded funds (ETFs) in the United States.