• 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

XRP Ledger Sees Surge in Network Activity

chest

The XRP Ledger experienced a significant increase in transaction volume, with network activity surging by 400% in recent weeks.

user avatarAndrew Smith

Ripple Releases Major Update for XRP Ledger Software

chest

Ripple has launched a significant update to its core server software, rippled v300, enhancing performance and fixing numerous bugs.

user avatarJacob Williams

FLockio Partners with Deluthium and Aerodrome to Launch CARiFIN

chest

FLockio, Deluthium, and Aerodrome have partnered to develop the CARiFIN platform, enhancing microinsurance solutions in Latin America and the Caribbean, promoting financial inclusion for underserved communities.

user avatarZainab Kamara

Senate Republicans Submit Proposal with Amendments to Crypto Bill

chest

Senate Banking Republicans submitted a proposal with over 30 amendments to the crypto market structure bill, aiming for bipartisan support.

user avatarSon Min-ho

SEC Chairman Paul S Atkins Announces New Limits to Crypto Oversight

chest

SEC Chairman Paul S Atkins announces a new framework that narrows the agency's jurisdiction over crypto tokens and ICOs, potentially reducing legal uncertainties and allowing more tokens to operate without direct SEC oversight.

user avatarTando Nkube

Tether's USDT Receives Regulatory Clearance in Abu Dhabi.

chest

Tether's USDT has been recognized as an Accepted Fiat-Referenced Token (ARFT) in Abu Dhabi, expanding its approval to multiple blockchains.

user avatarAyman Ben Youssef

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.