#BitwiseFilesXRPETF #SECAppealRipple #BTCUptober #U.S.UnemploymentNewLow
To compare ETF impact on Bitcoin and Ethereum markets, we normalized ETF net flow volume against spot volumes. This reveals that Ethereum ETFs influence about ± 1% of spot volume, while Bitcoin ETFs affect ± . Despite normalization, this indicates Bitcoin ETFs have significantly higher market presence and investor interest, approximately an order of magnitude larger than Ethereum ETFs. This disparity highlights a much stronger appetite for Bitcoin ETFs in the current market.
