• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum May Improve Its Position Thanks to ETF Inflows

user avatar

by Giorgi Kostiuk

a year ago

Ethereum, the largest altcoin, is beginning to emerge from Bitcoin's shadow due to increasing ETF inflows, indicating a possible improvement in its market position.

Growing Interest in Ethereum ETF

Bernstein analysts highlighted that spot Ethereum ETF inflows are increasing. On Friday, Ethereum saw more investment than Bitcoin, receiving $250 million compared to Bitcoin's $137 million.

Impact on Supply and Demand Dynamics

The increase in Ethereum ETF investments could signal a change in market supply and demand dynamics. This may indicate the end of Ethereum's underperformance compared to Bitcoin since the beginning of the year.

Prospects for ETH Staking and New Regulations

Analysts suggested that ETH staking returns could be an additional growth driver, particularly under the new Trump administration and a more crypto-friendly SEC.

Ethereum (ETH) has lagged Bitcoin (BTC) in performance since the beginning of the year, but recent spot ETF inflows suggest a turnaround. We think ETH staking returns are likely to be approved under the new Trump administration and crypto-friendly SEC, which could be another boost for staking returns ETH.Bernstein Analysts Led by Gautam Chhugani

The current state of Ethereum shows positive changes, with analysts believing this is just the start of potential growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

South Korea Set to Lift Ban on Domestic ICOs

chest

South Korea is preparing to lift a seven-year ban on domestic ICOs, marking a significant shift in its cryptocurrency policy.

user avatarLucas Weissmann

BlackRock Transfers Significant ETH Amounts to Coinbase

chest

BlackRock transferred significant amounts of ETH to Coinbase, including 47,463 ETH valued at $140 million on December 16 and 74,973 ETH worth $220 million on December 17.

user avatarJesper Sørensen

BitMine Immersion Surpasses BlackRock in Ethereum Holdings

chest

BitMine Immersion has surpassed BlackRock's Ethereum holdings, now holding nearly 4 million ETH, representing 32% of the total supply.

user avatarRajesh Kumar

RocketX Enhances Cross-Chain Connectivity to BNB Chain.

chest

RocketX has improved cross-chain access to BNB Chain, allowing users to swap and bridge assets across multiple blockchains.

user avatarFilippo Romano

Oscar Team Cuts Ties with Shibtoken Amid Controversy

chest

The Oscar team has announced its decision to break ties with the Shibtoken account due to concerns over its promotional behavior that benefits individuals rather than the SHIB community.

user avatarEmily Carter

Ethereum Leads in On-Chain Adoption Over Bitcoin

chest

Ethereum has reportedly surpassed Bitcoin in on-chain adoption metrics, driven by its dominance in decentralized finance and scalability improvements.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.