According to SoSoValue , spot $ETH ETFs saw net inflows of $167.62 million on Wednesday. The cryptocurrency’s market cap has reached $463.91 billion. Since its approval in May, the ETH ETF space has seen a total of $897.82 million in inflows.
Since the market’s uptrend began in October, ETH has lagged behind Solana ($SOL ), XRP, and even $BNB . All three altcoins are now valued above $100 billion. ETH is up 58.63% over the past month, while XRP is up 355.56%. Over the past year, ETH is up just 73%, while SOL is up 289.83%. Even Cardano (ADA) and memecoins like Dogecoin (DOGE) have outperformed ETH, leaving many ETH holders disappointed.#2024withBinance