Ethereum recently broke a multi-month consolidation pattern in which its price ranged between $2,300 and $2,700 since August.

Ethereum, or 1 ETH, traded at $2,818.56 as of 8 a.m. ET. The highest intraday price the cryptocurrency reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

Ethereum spot ETFs have hit a new record with $295 million in inflows on November 11, pushing the four-day total beyond $500 million. Fidelity and BlackRock ETFs led the way, capitalizing on a post-election price