Ethereum (ETH) has lagged behind Bitcoin (BTC) since the beginning of the year, but inflows into ETH ETFs indicate a possible end to this period, reports broker Bernstein.
- On Friday, the Ethereum ETF from Blackrock attracted $250 million, while the Bitcoin ETF attracted $137 million.
- This creates a favorable supply and demand dynamic for ETH.
- Staking yields may become an additional growth factor.
- Activity on the Ethereum network is increasing, remaining a platform for asset tokenization and stablecoins.