ETFs Go Wild: Ethereum Takes the Cake from Bitcoin 🍰💰
According to a CoinShares report, Ethereum ETFs have been gobbling up a whopping $10.2 million in inflows last week, while Bitcoin ETFs were left with a rather sour $11.6 million in outflows. This role reversal, with Ether ETFs being net bought and BTC ETFs being net sold, hints at a growing belief in Ethereum’s long-term potential and its ability to diversify crypto portfolios. Data from Sosovalue also shows that spot ETH ETFs have hit record-breaking numbers in the last week. 🚀