Ethereum's Comeback? Since the beginning of this year, Ethereum (ETH) has underperformed compared to Bitcoin (BTC), but recent capital inflows show signs of a reversal. 📈
According to a Bernstein research report, BlackRock's spot Ethereum ETF attracted $250 million in inflows last Friday, while the Bitcoin ETF only saw $137 million. This shift creates a favorable supply-demand dynamic for Ethereum. 💰
Additionally, staking rewards could become another major driving force for Ethereum. Although the initial spot Ethereum ETF did not include staking rewards due to regulatory restrictions, the future potential should not be underestimated. 🔍
Market dynamics are ever-changing, and investors need to stay alert.