The Crypto Market at a Turning Point? Keep an Eye on Ethereum!
Guys, today I was chatting and mentioned that the market could reach different levels. And one of the reasons is in this chart that I brought for you!
Capital Movement in ETFs: BTC x ETH
This chart shows the capital inflow into #Bitcoin ETFs (orange) and #Ethereum ETFs (blue). What stands out is that, in recent weeks, the capital inflow into $BTC has decreased, while the inflow into $ETH has skyrocketed!
Why Are ETFs Important?
ETFs are crucial because, to be traded on the American stock exchange, they need to hold the underlying assets (BTC and ETH, respectively) to issue their shares. Additionally, many ETF managers, for security and liquidity, invest part of the capital in low-risk instruments, such as U.S. Treasury bonds. This is a huge gateway for traditional investors, both retail and, especially, institutional. They can access the crypto world in a regulated manner, protected by American legislation, without directly exposing themselves to the market.
Capital Movement in ETFs: BTC x ETH
This chart shows the capital inflow into #Bitcoin ETFs (orange) and #Ethereum ETFs (blue). What stands out is that, in recent weeks, the capital inflow into $BTC has decreased, while the inflow into $ETH has skyrocketed!
Why Are ETFs Important?
ETFs are crucial because, to be traded on the American stock exchange, they need to hold the underlying assets (BTC and ETH, respectively) to issue their shares. Additionally, many ETF managers, for security and liquidity, invest part of the capital in low-risk instruments, such as U.S. Treasury bonds. This is a huge gateway for traditional investors, both retail and, especially, institutional. They can access the crypto world in a regulated manner, protected by American legislation, without directly exposing themselves to the market.
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ETH
4,753.6
+2.18%
