Key facts: Ethereum ETF inflows reach $134M; SharpLink to invest $200M; Fusaka upgrade enhances scalability
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- Ethereum saw $134 million in inflows into its spot ETFs, indicating strong demand from institutional investors after a stagnant period in the crypto ETF market earlier this month.1
- SharpLink Gaming plans to invest $200 million in Ethereum (ETH) on the Linea Layer-2 network, partnering with ether.fi, EigenCloud, and Anchorage Digital Bank for on-chain yield generation.23
- The Fusaka upgrade for Ethereum boosts scalability, efficiency, and security, increasing block gas limits and blob capacity, while enhancing data availability for Layer 2 solutions via EIP-7594.4