Ethereum (ETH) has seen an increase in spot inflows, indicating renewed interest from investors. The Chicago Board Options Exchange (CBOE) has filed an application for a spot-staked Ethereum exchange-traded fund (ETF) on behalf of 21Shares, suggesting a growing bullish sentiment towards the altcoin. The proposed ETF aims to allow investors to stake their ETH holdings and earn passive income. The approval of the application is expected, although regulatory uncertainty remains. Following this news, ETH prices rose by 12% and spot inflows totaled $11.87 million, the first since the beginning of February. Positive sentiment towards ETH is reflected in its weighted sentiment metric, which has returned a positive value for the first time since February 5. With growing demand and positive sentiment, ETH's price could potentially rise towards $2,811 or even $3,321. However, if profit-taking resumes, the value of the coin could drop below $2,500.



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