From July 3 to 25, the ETF of Ether registered continuous net entries without interruptions.
Market behavior suggests that investors trust an appreciation of Ether.
The Ethereum cryptocurrency, Ether (ETH), is taking a wide advantage to Bitcoin (BTC) in the field of bags quoted in the stock market (ETF) in the United States.
During the last 7 days of contribution, from Thursday 17 to Friday, July 25, The ETHher ETFs have captured more capital than their BTC equivalentsaccumulating net income close to 2,850 million dollars (USD).
In contrast, Bitcoin ETFs have barely added about 960 million dollars in tickets during the same period.
It is also attracted to the Bitcoin ETFs registered three consecutive days of Departures “July 21 to 23,” for a total of almost 285 million dollars.
And although they rebounded on 24 and 25 with revenues of 226 and 130 million, those figures remained below those reached by ETH in the same period (231 million and 452 million dollars).
On the other hand, ETF of Ether have consolidated 16 consecutive days of capital entriesadding more than 5,000 million dollars in that period.
This renewed interest in Ethereum He has driven Ether to continue up after Bitcoin reached a new historical maximum price of 122,000 on July 14. The ETH price touched on July 21 the 3,850, its maximum since December last year.
Although the price of Ether has remained without breaking the $ 4,000 barrier of 2024, investors seem to anticipate a revaluation. In the last three months, the price of ETH has grown by 135%, approaching the historical record of $ 4,900 reached in November 2021.
The boom is not explained only for the interest of the great players. As Cryptonotics reported, too Capital transfer from Bitcoin to Ether is perceivedpromoted by new corporate strategies such as that recently adopted by Sharplink Gaming, which Ether incorporated into his treasury.
In addition, retail enthusiasm is resurfaceing: Google searches on how to buy Ether have reached levels not seen in two years, reflecting a greater interest of the general public for this asset.
