CoinVoice recently learned that, according to Coindesk, Bernstein stated in a research report on Monday that Ethereum (ETH) has underperformed Bitcoin (BTC) this year, but the reversal in inflows for the Ethereum ETF may indicate that this period of underperformance could be coming to an end.
On Friday, BlackRock's spot Ethereum ETF saw inflows of $250 million, while its spot Bitcoin ETF only saw inflows of $137 million. This creates a favorable supply-demand dynamic for ETH.
Bernstein pointed out that staking yields could be another driver for Ethereum. The initial Ethereum spot ETF did not include staking yields due to regulatory restrictions. [Original link]
