Based on Bloomberg analysts, Ethereum is beginning to resemble a tech inventory from the Nineteen Nineties.
In the meantime, Bitcoin, the main cryptocurrency, is performing like digital gold.
These two property signify very totally different trades, in line with Bloomberg’s Eric Balchunas.
Ether ETFs log large inflows
The consultants have famous that Ethereum exchange-traded funds (ETFs) have had among the finest months within the historical past of such merchandise.
Lately, they logged their second-biggest week with internet inflows of greater than $1.8 billion.
These merchandise now boast a whopping $9.62 billion of cumulative internet inflows. On Tuesday, they attracted $218 million price of contemporary cash, outperforming Bitcoin ETFs as soon as once more.
In truth, iShares Ethereum Belief ETF (ETHA) is among the quickest ETFs to hit the $10 billion mark (behind solely Bitcoin ETFs).
Wild Stat: If bitcoin ETFs did not exist, $ETHA could be the quickest ETF in historical past to hit the $10b mark by about 2x. Thoughts-melting, however that is simply how totally insane the btc ETF launches had been (and we cowl this sht a lot) pic.twitter.com/3Cx6DdrW8t
— Eric Balchunas (@EricBalchunas) July 30, 2025
