$ETH Ethereum price today: $3,780
The Ether Machine plans to launch a $1.5 billion ETH treasury upon the completion of a merger with Dynamix Corporation.
Ethereum ETFs register their largest weekly inflows after drawing in $2.18 billion.
Bernstein analysts predict banks and fintechs will continue buying ETH.
ETH could test its all-time high of $4,878 if it smashes the $4,100 key level.
Ethereum (ETH) trades near $3,800 following the upcoming launch of The Ether Machine's $1.5 billion ETH treasury and a record weekly inflow of $2.18 billion into US spot ETH exchange-traded funds (ETFs). Meanwhile, Bernstein analysts predict that ETH could see sustained strong buying pressure from banking institutions and fintechs.
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