Deep Tide TechFlow News, December 2, according to CoinDesk, broker Bernstein stated in a research report on Monday that Ethereum (ETH) has underperformed Bitcoin (BTC) this year, but the inflow of funds into Ethereum ETFs has reversed, indicating that this period of sluggishness may be coming to an end. The report noted that last Friday, BlackRock's Ethereum spot ETF saw inflows of $250 million, while on the same day, its larger Bitcoin spot ETF only saw inflows of $137 million, creating a favorable supply and demand dynamic for ETH.

Bernstein stated that staking rewards could be another driving force for Ethereum. Due to regulatory restrictions, the initial Ethereum spot ETF applications did not include yields.