{"content":"🚀 Ethereum Eyes Higher Highs as Spot ETF Hype Accelerates As was the case with Bitcoin and its spot exchange-traded funds (ETFs), the price of Ethereum has a tendency to respond to the activity of investors interested in ETH exchange-traded funds. As a result, there has been a correlation between times of strong capital inflows for spot ETFs and periods of higher price moves for cryptocurrencies. On the other hand, the price of Ethereum did not precisely follow this pattern throughout the recent 19-day period in which it saw significant capital inflows. On the 16th of May, the price of Ethereum fluctuated between $2,500 and $2,600 throughout the day, marking the beginning of this upward run. Since then, the price of the alternative cryptocurrency has surpassed this level; nevertheless, it has not been able to make a prolonged upward run because of this. A recent event occurred on Thursday, June 12, when the price of Ethereum surpassed the $2,800 barrier. However, as a result of the military activities in Asia, the price of Ethereum then crashed down near $2,500. After a drop of more than one percent in the last twenty-four hours, the price of Ethereum is now hovering at $2,511, as of the time of this writing. Due to the fact that the price of Ethereum has remained relatively unchanged since the beginning of the positive ETF inflow streak, there is apprehension over the factors that could be preventing the second-largest cryptocurrency from achieving its full potential. #ETH #MarketRebound #IsraelIranConflict #TrumpTariffs $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/15/87b58afd6f56481aaea07bf86e740a64.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}