• 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 Faces Significant Price Drop Amid Broader Crypto Market Decline

chest

XRP has experienced a drastic decline in value, dropping nearly 40% from its recent peak as the entire crypto market suffers losses.

user avatarJesper Sørensen

Ethereum's Community Engagement and Market Performance Under Scrutiny

chest

Vitalik Buterin raised concerns about Ethereum's community engagement and market performance, highlighting the reliance on financial activities and questioning the project's long-term viability.

user avatarLucas Weissmann

Bitpanda and Ribbon Plc Join Forces to Boost Cryptocurrency Accessibility in the UK

chest

Bitpanda Technology Solutions has partnered with Ribbon Plc to expand cryptocurrency services in the UK market.

user avatarRajesh Kumar

Vitalik Buterin Proposes Two-Layer Blockchain Structure for Scalability

chest

Vitalik Buterin proposed a two-layer blockchain structure to enhance scalability and governance, with one layer for trading and predictions and the other for decentralized governance.

user avatarFilippo Romano

Patos Meme Coin Emerges as a Contender in the Crypto Market

chest

Patos Meme Coin is gaining attention as a potential 'Crypto Unicorn' with a projected 1750x return on investment.

user avatarTomas Novak

CrossCurves Successfully Contained EYWA Token Exploit

chest

CrossCurves successfully contained an exploit involving EYWA tokens on the Ethereum network, preventing the sale of compromised tokens and ensuring user fund safety.

user avatarEmily Carter

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.