#Ethereum ETFs are now gaining traction as traditional finance (TradFi) institutions ramp up investments amid a rebound in daily netflows.
The positive shift in netflows syncs with recent market trends, as confirmed by Kaiko Research. While Ethereum’s year-to-date performance lags behind Bitcoin, it briefly outpaced the leading cryptocurrency in November.
Ethereum’s price has climbed nearly 40% since late October, bolstering interest in related financial products. Notably, ETH largely consolidated from Nov. 21 to 26, but recently rebounded, ending yesterday with an impressive 10% gain to reclaim the $3,500 region.
