Recently, Ether ETFs have captured major investor attention, outperforming Bitcoin funds over the last four trading days. This was spurred by a court victory for Tornado Cash and expectations of regulatory shifts.
Ether ETFs Amid Regulatory Shifts
Data from Farside Investors indicates that from November 22 to 27, Ether ETFs recorded $224.9 million in net inflows, significantly surpassing the $35.2 million into Bitcoin ETFs. This is attributed to the momentum in Ethereum's DeFi ecosystem following the court ruling in favor of Tornado Cash and the potential replacement of SEC Chair Gary Gensler by crypto advocate Paul Atkins.
Bitcoin Still Dominates Monthly Inflows
Despite Ethereum's recent gains, Bitcoin ETFs maintain a commanding lead in overall November inflows, drawing a record-breaking $6.2 billion for the month, including $3.1 billion last week alone. Meanwhile, demand for leveraged Ether ETFs has surged 160% after Trump's election victory, as investors anticipate a DeFi boom under more supportive regulation.
Positive Prospects for Ethereum
While Ethereum has lagged behind Bitcoin in the current bull market, many view it as a 'catch-up trade' with significant growth potential. The week's developments underscore Ethereum's appeal as both a technological and investment powerhouse in the evolving crypto landscape.
Ether ETFs continue to garner attention due to regulatory success and optimistic forecasts, highlighting Ethereum’s growing importance in the crypto world amid global market changes.
