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
Source: https://bravenewcoin.com/insights/chart-of-the-day-ethereum-etfs-show-signs-of-life