Ethereum (ETH) surged to $4,089, its highest price in nearly three years, driven by significant institutional interest. US Ethereum ETFs saw their largest single-day net inflow of $428.4 million, led by BlackRock and Fidelity. The total weekly inflow reached $752.9 million, pushing the Fear and Greed Index to "greed." Ethereum ETFs now hold $12.5 billion, with growing institutional interest. The State of Michigan Retirement System became the first US state pension fund to invest in an Ethereum ETF. Other altcoins are also entering the ETF market. #Ethereum #ETH #Crypto #ETF #InstitutionalInvestment
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