Why Crypto Market is Up Today? Ethereum Nears $4,700 on Massive ETF Inflows

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Story Highlights* Ethereum ETF Inflows Drive Rally – $520M poured into ETH ETFs in a single day, pushing prices near $4,700 and weekly flows toward $2B.

  • Trump’s 401(k) Crypto Plan Sparks Optimism – Proposal to explore crypto in retirement accounts boosts long-term demand outlook.
  • Rate Cut Bets Add Fuel – Expectations of a 50-bps Fed cut in September and record-high ETH options interest signal more upside ahead.
WHY4.58%
ETH2.52%
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