Chart of the Day – Ethereum ETFs show Signs of Life
On X, Blomberg ETF analyst Eric Balchunas reports that, “Ethereum ETFs have made a quick and sudden rise from the deep dark depths of cumulative outflows following the Election, finally into fresh air and net inflows.” S...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On X, Blomberg ETF analyst Eric Balchunas reports that, “Ethereum ETFs have made a quick and sudden rise from the deep dark depths of cumulative outflows following the Election, finally into fresh air and net inflows.”
Source: X
Ethereum has had an up-and-down year, up 34% YTD compared to Bitcoin’s 105%. It has struggled against the faster cheaper Solana network, and hasn’t yet attracted the same ETFs as Bitcoin.
Source: BNC Ethereum Liquid Index
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has raised €800 million to expand AI infrastructure, advancing its plan to repurpose FTX-backed Bitcoin miner Genesis Di...
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody for Ripple's RLUSD stablecoin as it prepares to expand its use as collateral for instituti...
Lido reports 40% of staked ETH now running on 0x02 validators
The shift to 0x02 validators could streamline Ethereum's network, enhancing efficiency and potentially increasing staking rewards....
Bitway Crypto Hits All-Time High, Showing the Need for a Bitcoin-Compatible Chain
Bitway crypto has hit an all-time high as Bitcoin steadies near $83,500, mostly flat over 24 hours, but broader market conviction...
Ethereum Price Prediction: Hyperliquid Whale Opens $60M ETH Long
Ethereum traded at $2,500 as the price tests the $2,500 area after a volatile stretch with a slightly bearish prediction. But one...
Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms
Thailand has finalized rules allowing domestic Bitcoin and Ethereum ETFs while restricting retail access to competing overseas inv...