Ethereum ETFs blitz Bitcoin ETFs over last 4 trading days amid ETH rally
Spot Ether ETFs have demonstrated significantly higher net inflows than Bitcoin ETFs over the last four trading days, totaling $224.9 million compared to Bitcoin's inflows. This trend follows a nearly 8% price rally for Ether, reaching $3,590, while Bitcoin experienced a slight decline. The increase in Ether investments comes on the heels of a favorable court ruling for Ethereum's DeFi ecosystem and reports suggesting a potential shift towards a more crypto-friendly regulatory environment under SEC's possible new leadership. The ETH to BTC price ratio has also improved amid these developments, indicating a growing investor interest in Ethereum. Despite Bitcoin ETFs having a record month in November, the shift in capital flow towards Ethereum could signify changing investor sentiments in the cryptocurrency market.
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