The recent data shows a clear difference in netflow USD between Bitcoin and Ethereum ETFs. Bitcoin ETFs have generated massive hype and continue to attract investors, while Ethereum ETFs have experienced notable outflows since launch. This has resulted in Ethereum falling behind Bitcoin in terms of price, worrying investors. Many are exiting their positions in Ethereum and waiting for better market conditions or a decline in price before making new investments. The difference between Bitcoin and Ethereum highlights the changing investment landscape in cryptocurrencies. The expectation is for Ethereum to either receive new funds or improve market conditions to move up again.
- Content Editor ( blockchainreporter.net )
- 2024-10-28
Ethereum Disappoints as ETFs Struggle to Gain Investor’s Attention