#ETH.# Ethereum investment products are experiencing a new wave of interest, with registered spot ETFs in the US attracting over $100 million in a day.

At the forefront of this growth is Fidelity, which surpassed other issuers by adding over 27,000 ETH worth approximately $60.5 million to its assets. This boost helped raise total inflows for U.S. Ethereum ETFs to over $4 billion, despite the recent volatility in the crypto market as a whole.
Fidelity's aggressive accumulation even surpassed the inflow into BlackRock's ETF on the same day, highlighting the growing institutional interest in the leading altcoin despite ongoing macroeconomic uncertainty.
Analysts characterize this trend as part of a larger nine-week series of investments focused on ETH, with over $2.2 billion added since the beginning of the rally – marking the strongest similar increase since 2021.
The price of Ethereum slightly dropped at the beginning of the month, but since then it has recovered, gaining over 7% and crossing the $2,400 mark. Blockchain activity also supports this trend, with weekly creation of new wallets approaching 1 million – significantly above last summer's figures.
The combination of a stable influx of capital, increasing consumer activity, and more favorable regulatory prospects could fuel the renewed momentum of Ethereum. #Kevin Lee Joins Gate Square# #Top 3 CEXs: A Moment of Transformation# #Crypto Stocks Surge in Hong Kong#