Odaily Planet Daily News 🌟 Ethereum (ETH) has not performed as well as Bitcoin (BTC) this year, but the market sentiment seems to be changing! Last Friday, BlackRock's spot Ethereum ETF saw an inflow of up to $250 million, while the Bitcoin ETF only saw an inflow of $137 million. This phenomenon has created a favorable supply and demand dynamic for Ethereum, perhaps signaling the end of ETH's underperformance period. 📈
Bernstein pointed out that staking yields could become another major driving force for Ethereum. Although the initial spot Ethereum ETF did not include staking yields, changes in the regulatory environment could further enhance ETH's market appeal. 🔍