Ethereum ETF Sees $84.6M Weekly Inflow Amid Bitcoin Dominance
Monday, 30 September 2024, 17:05
Ethereum ETF Inflows Compared to Bitcoin
The Ethereum ETF recently attracted a remarkable $84.6 million in weekly inflows. However, it falls considerably short when compared with Bitcoin ETFs that amassed a staggering $1.11 billion in the same time frame.
Analyzing the Trends in ETF Inflows
- The inflows into Bitcoin have been steady, occurring every day.
- This week marked Bitcoin’s largest weekly inflow since July 19.
As we analyze the impacts of these trends, it's evident that while Ethereum is making strides, it still remains behind Bitcoin in ETF investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.