menu
techminis

A naukri.com initiative

google-web-stories
source image

Cryptonews

1M

read

218

img
dot

Image Credit: Cryptonews

ETH Gains Despite Expert Warning on ETF Inflows vs True Dominance

  • Ethereum (ETH) is performing better than Bitcoin (BTC) with 5% daily gains.
  • US spot Ethereum exchange-traded funds (ETFs) are receiving net inflows, while Bitcoin ETFs have experienced net outflows.
  • However, an expert cautions against interpreting this as a shift in crypto dominance, stating that demand for crypto assets beyond Bitcoin is not new.
  • Harz, co-founder of BOB, emphasizes that the fundamental principle of Bitcoin operating outside centralized control remains unchanged despite increasing institutional adoption.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app