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Ethereum unable to breach $4,800, though spot ETFs on pace to hit record

Spot ethereum ETF inflows for the week stand at $2.2 billion so far, dwarfing their bitcoin counterparts.

Sage D. Young

Despite ethereum’s rally taking a breather, the cryptocurrency’s ETFs are on track to set a new weekly inflow record. 

US spot ethereum ETFs have recorded $2.2 billion of inflows this week so far, the most these investment vehicles have ever seen and a figure multitudes higher than spot bitcoin ETFs’ weekly inflows of $331 million, according to SoSoValue. The two days with the most ethereum inflows occurred in the same week, with Wednesday seeing $729.1 million and Monday producing $1 billion. 

ethereum climbed to $4,779 in the last 24 hours, an almost four-year high, before correcting to about $4,500 Thursday morning. The token is now hovering just under the $4,700 level as of 10:50 a.m. ET.

  • As a result of the price decline, centralized exchanges liquidated more than $182.4 million ethereum long positions in the last four hours, data from analytics platform CoinGlass shows. 

  • Meanwhile, the exit queue for ethereum validators to unstake has shot up to 717,775 tokens worth $3.3 billion. The wait time for the exit line to clear is 12 days and 11 hours, which is higher than the entry queue wait of three days and 19 hours, according to blockchain explorer beaconcha.in. The total amount of tokens waiting to be unstaked is also at its highest point ever since staking withdrawals went live in 2023. 

  • TheBlock reported that a whale address (0x815) that participated in ethereum’s initial coin offering sent $5.1 million worth of tokens to a Kraken deposit address on Thursday, bringing its total transfers to the centralized exchange to $24.1 million this week. 

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Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants. 

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platforms goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The tokens all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

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