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Ether Defies Gravity: ETF Inflows Propel ETH Past $2,500 as Wall Street Warms to Crypto
Ether Defies Gravity: ETF Inflows Propel ETH Past $2,500 as Wall Street Warms to Crypto
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Institutional money floods in—while retail traders still can't decide if this is a 'real' asset class.
The ETF Effect
Demand for spot Ether ETFs hits record volumes, signaling that—despite the SEC's foot-dragging—big money sees value beyond Bitcoin. No fancy derivatives here; just old-school buy-and-hold via regulated vehicles.
Price Anchors
The $2,500 level holds firm, acting as both psychological support and a middle finger to skeptics who called ETH 'ultrasound money' a year ago. Traders now eye $3,000 as the next liquidity magnet.
The Cynic's Corner
Funny how institutions only embrace volatility when they can wrap it in a prospectus and charge 2% fees. Meanwhile, degens stack ETH for gas fees—the ultimate 'utility' play.
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