Ethereum ETFs saw a record-breaking $1 billion in investments on Monday as interest in the coin grows, pushing ETH’s price to $4,500, the highest since 2021. The surge has led to a 26% increase in the past week and 50% in the last month, with Ethereum now just 8% below its all-time high. Investors predict Ethereum will hit a new record this year, with ETH becoming easier to understand due to stablecoins. Publicly traded firms like BitMine Immersion are now buying Ethereum, with the SEC quietly approving ETFs giving exposure to the coin’s price.

Read more at Yahoo Finance: Ethereum ETFs Smash Daily Record With Over $1 Billion in Investments