"Gold Rush" ignites Ethereum bull market as ETF products attract over 1 billion dollars in a single day.

According to the Wise Finance APP, as of the US stock market closing on Monday, the lineup of Ethereum exchange-traded fund products in the United States (i.e. Ethereum ETF in the US stock market) recorded the largest single-day inflow of funds in history. The "treasury frenzy" has completely ignited the bull market trajectory of Ethereum, with more and more investors pouring funds into Ethereum ETFs. At the same time, as the number of "treasury companies" in Ethereum grows larger and the market outlook for Ethereum applications becomes more optimistic, combined with the massive funds of ETFs and the expected interest rate cut by the Federal Reserve, Ethereum, the world's second largest cryptocurrency market value second only to Bitcoin, has risen to its highest level in nearly four years.