Ethereum (ETH) Breaks $3,000 as ETFs Experience Inflows; FXGuys ($FXG) Emerges as a Hidden Gem in the Crypto Space

Ethereum (ETH), the world's second-largest cryptocurrency by market value, has just broken past $3,000. Data from CoinMarketCap shows Ethereum hitting a peak of $3,335.42

Ethereum (ETH) Surges Past $3,000 as ETF Trust Grows

Ethereum (ETH) price action has seen a strong uptick, surging past the $3,000 threshold on Monday. According to data from CoinMarketCap, ETH reached a peak of $3,335.42, marking the first time since August 2 that the cryptocurrency has attained this level.

Several factors contribute to this rise in ETH price, with one key element being the shifting economic landscape in the United States. A move toward favorable regulations is making blockchain and decentralized finance (DeFi) within Ethereum’s ecosystem more accessible. This development has piqued the interest of investors, leading to a surge in demand for ETH.

Moreover, the performance of Ethereum ETFs is also playing a role in driving up ETH prices. Last week, we reported on a record-breaking single-day net inflow for the ProShares ETF. This ETF, which began trading on December 12, saw net inflows of $26.9 million on Friday.

Now, data from ETF Flows shows that a total of nine Ethereum ETF products experienced net inflows for the second trading day in a row. These inflows amounted to $79.7 million, a significant increase compared to the previous net inflows of $52.3 million and setting a new peak for 2023.

Of the nine ETH ETFs, the largest single-day inflows were observed in Fidelity’s Ethereum ETF (FETH), which saw inflows of $28.9 million. This inflow marks an increase of $2 million from the record high of $26.9 million on November 8. Other major contributions came from BlackRock’s ETHA ETF and VanEck’s ETHV ETF, which saw inflows of $23.7 million and $12.7 million, respectively.

These ETF inflows come as ETH prices soar, drawing closer attention from investors and analysts. Many are now observing whether Ethereum can hold above the $3,000 mark. If this support level holds, ETH may aim for new all-time highs soon.

FXGuys ($FXG): A Blockchain Trading Platform with a High Trader Profit Ratio

FXGuys ($FXG) is quickly becoming a hidden gem in the crypto space, attracting a growing number of savvy investors who recognize its potential. As one of the best prop trading companies, FX Guys provides unique access to crypto, Forex, indices, and commodities. With its Trader Funding Program, top retail traders can access $500,000-funded accounts.

This capital comes after traders have passed and completed some challenges. Another interesting thing about this blockchain trading platform is that traders can take 80% of profits. With this amazing opportunity, the presale has recorded a large inflow of savvy investors.

This coin’s presale has proven it’s one of the most promising crypto opportunities by selling more than 130 million tokens in the first stage. The tokens are sold at just $0.03 each, drawing early investors seeking high gains. Experts predict massive potential growth as investors secure a spot before the token price jumps to $0.10 at launch.

FXGuys ($FXG): Traders Get Rewarded Despite Losing or Winning

One of FX Guys’ features that attract investors is its staking mechanism. Based on trading volume, investors can earn up to 20% in annual profits, giving them a steady income while supporting the platform. This profit-sharing model, combined with no-KYC trading, makes $FXG one of the best prop trading companies.

Another exciting component is FXGuys’ Trade2Earn program. This program rewards traders in $FXG tokens for every trade they make, win or lose. With its seamless fiat and crypto deposits and withdrawals, FX Guys is becoming a top choice for those looking for a secure blockchain trading investment.