Ethereum (ETH) price rose 11.6% between December 10-12, recouping previous losses. This move was supported by strong inflows into spot Ether ETFs and increased activity on the Ethereum network. Between December 9-11, spot Ether ETFs recorded net inflows of $557 million. The Ethereum network maintained its leadership by increasing its total value locked (TVL) to $78 billion on December 12. The Ethereum ecosystem stands out with a 47% market share in DApp volumes. Bitwise targets $7,000 for ETH due to ETF adoption and layer-2 growth. We welcome your comments.