What’s Driving Ethereum’s All-Time High? | Presented by CME Group

[Music] Ethereum hit a new all-time high last week. It has since pulled back, but the momentum behind it has been solid. Several factors have driven Ethereum's recent boom.US spot Ethereum ETFs have seen unprecedented demand, recently collecting over $1 billion in inflows in a single day for the first time ever. Corporate accumulation by Ethereum treasury companies has also contributed to the surge. Bitmine Immersion have amassed over $7 billion in ETH holdings while Sharlink Gaming has accumulated more tha ...