Ethereum ETF Surge Leaves Bitcoin in the Dust: Wall Street Embraces the ‘Wall Street Token’

The cryptocurrency market has witnessed a significant shift with Ethereum-backed Exchange Traded Funds (ETFs) experiencing unprecedented inflows, leaving Bitcoin’s ETFs lagging behind. This surge highlights Ethereum’s growing relevance and adoption within the financial industry. 1.83 billion dollars in inflows flowed into Ethereum ETFs over the past five days, while Bitcoin ETFs only managed to gather $171 million. This stark difference is reflected in the market price action; ETH has seen a notable increase of about 5% compared to Bitcoin’s modest 2.8% rise.