Ethereum ETFs Set to Mirror Bitcoin’s Success: Will They Capture the Same Market Buzz? 📈
The launch of spot Ethereum ETFs on July 23 generated substantial market interest, with initial inflows surpassing $100 million. This is significant in light of the previous four days of outflows from U.S. spot Ether ETFs, which saw a total of $33.67 million in new investments. However, the new investment was partly offset by prior trends. The comparison with Bitcoin’s success suggests that Ethereum ETFs could capture similar market buzz and investor attention.
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