Ethereum, 10 Billion Dollar Inflow into Spot ETF Leads to Over 9% Surge [CryptoBriefing]

[Financial News] Ethereum, the second-largest cryptocurrency by market capitalization, is showing a strong surge, rising 9% compared to the previous day on the 13th. This is attributed to the recent large inflow of funds into the US Ethereum spot exchange-traded fund (ETF). 
According to the global cryptocurrency information platform CoinMarketCap, Ethereum is trading at $4,629 as of 9:50 AM on the same day, up 9.13% compared to the previous day (24-hour basis). This is the first time Ethereum has surpassed the $4,500 mark in 3 years and 8 months since December 2021. Previously, on the 11th, a maximum daily inflow of 10 billion dollars was recorded in the US Ethereum spot ETF. Additionally, Bitmine Immersion Technologies (BMNR), the largest holder of Ethereum worldwide, announced a plan to raise up to 200 billion dollars for Ethereum purchases.
Ethereum is trading at 6.3 million won in the won market. This is the first time Ethereum has surpassed 6 million won in the won market.
At the same time, Bitcoin, the top cryptocurrency by market capitalization, is trading at $119,000, up 0.84% compared to the previous day. XRP (Ripple) is trading at $3.25, up 3.57% compared to the previous day.
yimsh0214@fnnews.com Sanghyuk Lim Reporter