ETH ETFs Outpace Bitcoin Amid Wall Street Activity
ETH ETFs Outpace Bitcoin Amid Wall Street Activity
ETFs are buying more Ethereum than Bitcoin: ETH recently saw a $461 million one-day gain, while BTC saw a $404 million gain, according to Arkham Intelligence.
The rise was led by institutional titans, with BlackRock buying $250 million worth of ETH, Fidelity adding $130 million, and Grayscale adding $60 million.
In fact, it was one of the biggest single-day waves of institutional ETH buying this year.
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