This article discusses the performance of spot ether Exchange Traded Funds (ETFs) and spot bitcoin ETFs on US securities exchanges. It highlights that since the launch of spot ether ETFs, there have been no capital inflows and investors have actually withdrawn money from these products. This is in contrast to spot bitcoin ETFs, which have seen significant capital inflows exceeding $18.7 billion since their launch. The article concludes that while spot bitcoin ETFs have positively impacted the market capitalization of bitcoin, spot ether ETFs have not had a similar effect on Ethereum.
- Content Editor ( protos.com )
- 2024-10-11
Five days of $0 inflows to spot ether ETFs since July launch