U.S. Investors Fuel 11% Ethereum Price Rally on ETF Hopes
• U.S. investors are driving recent 11% ETH price rally, evidenced by spike in "Coinbase premium" metric • Anticipation of potential U.S. spot ETH ETF sparking further U.S. demand • ETH's price jump this week was led by buying pressure from U.S. traders • Coinbase premium rising again, suggesting more ETH price gains ahead • While ETF could sustain ETH growth, traders say gains may not be explosive