Ether is currently experiencing a surge in popularity as investors are turning to exchange-traded funds (ETFs) following Bitcoin's recent achievement of surpassing $100,000.

Ether ETFs listed in the United States saw an unprecedented daily inflow of $428 million on Thursday, according to Bloomberg data. Since Donald Trump's election victory on November 5, the second-largest cryptocurrency has seen a remarkable 61% increase, which has also contributed to a broader rally in the crypto market. This rally is driven by the expectation of more favorable regulatory conditions.

Investors are now optimistic that Ether will surpass its previous all-time high from three years ago, which is further driving the momentum in the market.