In comparison, Bitcoin ETFs recorded a whopping $1.11 billion in inflows during the same week, with inflows occurring every day. This was Bitcoin’s largest weekly inflow since the 19th of July. The Ethereum ETFs began trading in the U.S. on the 23rd of July, roughly six months after Bitcoin ETFs.

Ethereum (ETH) is down 2% on Monday, struggling around the $2,595 key support level after the ETH Foundation continued its selling spree. However, the slow price movement in the past few hours isn't reflective of the rising inflows across US spot Ethereum ETFs.

Bitcoin ETFs command $61.21 billion in net assets or 4.71% of its market cap. This is up from 4.63% on Sept. 23. BlackRock’s BTC ETF

The price of ethereum, or 1 ETH, traded at $2,653.96, as of 8 a.m. ET. The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

An interesting development last week was that Ethereum (ETH) fees spiked, causing the supply to become deflationary for the first time since March. Let’s analyze why this happen

Ethereum co-founder Vitalik Buterin sold over 1,300 ETH valued at $3.35 million in the past 12 days, according to on-chain data. As Buterin reduces his holdings, savvy traders are seizing the opportunity to buy the dip,