• 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

Hong Kong's Stablecoin Regulations Show Consistency Amid Global Trends

chest

Wu Jietzhuang's statement highlights the steady passage of stablecoin regulations in Hong Kong, reassuring stakeholders of a predictable market landscape.

user avatarJacob Williams

FET Shows Signs of Potential Recovery Amidst Market Correction

chest

FET shows signs of potential recovery amidst market correction, with a fractal setup indicating a possible price increase.

user avatarAndrew Smith

Wu Jietzhuang Advocates for Web3 and Stablecoin Development in Hong Kong

chest

Wu Jietzhuang advocates for Web3 and stablecoin development in Hong Kong, aiming to position the city as a financial hub and promote regulatory alignment.

user avatarZainab Kamara

OCC Approves BitGo and Fidelity for National Trust Bank Conversion

chest

The US Office of the Comptroller of the Currency has conditionally approved BitGo Trust Company and Fidelity Digital Assets for conversion to national trust banks, enhancing compliance and oversight in the digital asset sector.

user avatarSon Min-ho

Ongoing Bitcoin Acquisitions Safeguard MicroStrategy's Market Position

chest

MicroStrategy's ongoing Bitcoin acquisitions aim to mitigate risks and strengthen its market position amid anticipated spot ETF approvals.

user avatarAyman Ben Youssef

Kevin Warsh's Nomination Odds for Fed Chairman Rise Sharply

chest

Kevin Warsh's nomination odds for Federal Reserve Chairman have risen significantly, reflecting growing interest in his leadership amid economic circumstances.

user avatarTando Nkube

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.