Ethereum ETFs Surge: Record Investment Signals Shift in Sentiment

A dramatic shift is underway in the world of finance as Ethereum-backed exchange traded funds (ETFs) hit record highs, attracting a staggering $1 billion in just one day. This influx of capital has seen Bitcoin lagging significantly behind. 2023 marks a turning point where traditional financial players are increasingly embracing Ethereum, with BlackRock’s iShares Ethereum Trust leading the charge by capturing over half the total inflows on Monday alone.