Ethereum ETF Inflows Surge as Inflation Expectations Ease

Ethereum exchange-traded funds (ETFs) have experienced substantial inflows, indicating growing interest from institutional investors. These inflows coincide with anticipated moderation in the inflation rate, which could positively impact the broader cryptocurrency market. Furthermore, various companies are actively developing novel layer-1 blockchain solutions, aiming to enhance scalability and efficiency. Markets are awaiting Consumer Price Index (CPI) data today, which is expected to provide insights into the future trajectory of monetary policy.