#Ethereum ‘Still Feels Undervalued’ Despite Stable Inflows
While Bitcoin ETFs saw capital exit, Ethereum ETFs held up better. Inflows were weak but remained positive in May, pointing to continued institutional interest.
Fundamentally, Ethereum continues to strengthen its position. According to data, network revenue in May rose by 162.5%, far outpacing other blockchains. For comparison, Solana’s revenue increased by just 19.3%, reflecting the slowdown in meme coin activity that had previously fueled its growth.