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
Kraken Parent Payward Swaps Its Headline Metric, Reports $487 Million in Q3 Platform Margin
Payward, the privately held parent of Kraken, publishes selected quarterly figures rather than SEC filings, and until now led them...
Ethereum and Layer 1s Explained
Ethereum 101 explains how Ethereum made blockchains programmable. It covers smart contracts, accounts and the EVM, ETH and gas fee...
Bitcoin ETFs Shed $2.35 Billion in Two Weeks as BlackRock’s Outflow Streak Hits 11
Bitcoin ETF outflows have reached $2.347 billion across the first two completed November trading weeks, leaving a persistent hole...
Bitcoin ETFs bleed $1.07 billion in second straight billion-dollar outflow week
US spot Bitcoin ETFs bled $1.07 billion in the week to November 13, a second straight billion-dollar outflow week. Total losses hi...
MegaETH Cuts 20% of Staff, ChatGPT Gains AI Payments, Jane Street Reshuffles Bitcoin ETFs
MegaETH cuts 20% of staff to pivot toward AI, OpenAI launches agentic card payments in ChatGPT, and Jane Street rotates billions b...
Bitcoin ETFs lose $1 billion for the second week in a row as crypto funds, except one, continue bleeding
U.S. spot crypto ETFs lost about $1.55 billion combined, and Avalanche funds' $227,000 was the only weekly inflow among the 15 cat...