While everyone was obsessed with Bitcoin's next move, ETH quietly surpassed $4,300 and began attracting institutional investors.
The cryptocurrency market advanced by 0.81%, reaching $3.96 trillion, but here’s the crucial point: Ethereum ETFs raised $461 million, compared to $404 million for Bitcoin on August 9.
Bitcoin has its own drama unfolding with a potential drop to $120,000, but it's Ethereum that is really delivering results at the moment.
The ETH/BTC ratio increased by 15% as institutional money finally discovered what the DeFi degenerates had known all along.$BTC