Could it be… we actually get the fabled alt season?
AgitatedDragonfly769 on
Too soon for Flippening comments yet?
coinfeeds-bot on
tldr; Ethereum is outperforming Bitcoin, with the ETH/BTC ratio rising over 70% since April, driven by increased institutional activity and robust inflows into Ethereum-focused ETFs. Ethereum ETFs attracted $4.4 billion in July, surpassing Bitcoin’s inflows. Ethereum also overtook Bitcoin in weekly spot trading volume, recording $25.7 billion compared to Bitcoin’s $24.4 billion. The ETH/BTC ETF Holding Ratio increased, reflecting a growing investor preference for Ethereum, contributing to its price and trading activity outperformance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Could it be… we actually get the fabled alt season?
Too soon for Flippening comments yet?
tldr; Ethereum is outperforming Bitcoin, with the ETH/BTC ratio rising over 70% since April, driven by increased institutional activity and robust inflows into Ethereum-focused ETFs. Ethereum ETFs attracted $4.4 billion in July, surpassing Bitcoin’s inflows. Ethereum also overtook Bitcoin in weekly spot trading volume, recording $25.7 billion compared to Bitcoin’s $24.4 billion. The ETH/BTC ETF Holding Ratio increased, reflecting a growing investor preference for Ethereum, contributing to its price and trading activity outperformance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.