Key Points
- Ether at one point Wednesday traded as high as $4,714.02, putting it less than $200 away from its November 2021 all-time high.
- Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs.
- Standard Chartered raised its price target on ETH to $7,500 by the end of the year from $4,000.