• 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

Stablecoins to Revolutionize Cross-Border Payments

chest

The a16z report highlights the potential of stablecoins to transform cross-border payments, making them faster and cheaper.

user avatarMaria Fernandez

Bitcoin Futures Volumes Halved, Impacting Market Dynamics

chest

Bitcoin futures volumes have significantly decreased, affecting market volatility and trading dynamics.

user avatarRajesh Kumar

Long-Term Holder Selling Pressure Affects Bitcoin Performance

chest

Long-term holders of Bitcoin have been selling, impacting its performance against the stock market and gold.

user avatarGustavo Mendoza

Regulatory Scrutiny Looms After Flow Token Hack

chest

Regulatory scrutiny arises after the $39 million hack of the Flow blockchain, with concerns over compliance in the movement of illicit funds through a centralized exchange.

user avatarMiguel Rodriguez

Flow Foundation Launches Recovery Plan Following Major Hack

chest

The Flow Foundation has launched a two-stage recovery strategy following a significant security breach that resulted in a $39 million loss.

user avatarLuis Flores

Investors Eye Promising Cryptocurrencies: Cardano, Ethereum, and Mutuum Finance

chest

Investors are focusing on established tokens like Cardano and Ethereum, alongside new projects such as Mutuum Finance, which shows significant growth potential.

user avatarMaria Gutierrez

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.