12.09.2025 01:16

Based on internet sources:

Fueled by considerable Ethereum ETF inflows totaling $171.5 million and a technical pattern suggesting an imminent breakout, Ethereum's price has experienced a 2.3% surge, reaching $4,430. This upward movement occurs as investors keenly anticipate the release of the August Consumer Price Index (CPI) data today, nurturing hopes for a future interest rate cut by the Federal Reserve.

Investor sentiment appears to be influenced by both the forthcoming CPI report for August and a recent dip in the Producer Price Index (PPI), as reflected in Ethereum's price appreciation to $4,430. Moreover, the tightening Bollinger Bands, observed since August 30th, indicate a growing likelihood of a substantial price fluctuation in the near future.

Ethereum ETFs are demonstrably impacting market dynamics, with net inflows reaching $171.5 million. This figure is part of a larger trend, contributing to a combined net flow of $928 million into spot Bitcoin and Ethereum products. These inflows signal a resurgence in investor confidence and are translating into substantial buying pressure. Notably, institutional demand, facilitated through ETFs, has the potential to amplify price movements by directing significant capital into the spot market. These latest inflow numbers follow Ethereum's historical peak of $4,955 attained in August.