Chart of the Day – Ethereum ETFs show Signs of Life
Ethereum ETFs are picking up steam, finally
On X, Blomberg ETF analyst Eric Balchunas reports that, “Ethereum ETFs have made a quick and sudden rise from the deep dark depths of cumulative outflows following the Election, finally into fresh air and net inflows.”
Source: X
Ethereum has had an up-and-down year, up 34% YTD compared to Bitcoin’s 105%. It has struggled against the faster cheaper Solana network, and hasn’t yet attracted the same ETFs as Bitcoin.
Source: BNC Ethereum Liquid Index
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