š Ethereum ETF Boom: Institutions Are All In
Ethereum just flipped the script.
Spot ETH ETFs pulled in over $3 billion in August aloneā16x more than Bitcoin ETFs. The result? ETH surged past $4,600, flirting with its all-time high.
š Key Highlights:
- $1B+ in single-day ETF inflows
- ETH up 25% in August, outpacing BTCās 3%
- BlackRock, Fidelity, Grayscale leading the charge
- ETH market cap now $560B+, narrowing the gap with BTC
š” Why it matters:
Ethereum isnāt just riding ETF hypeāitās backed by booming DeFi, staking rewards, and smart contract utility. Institutions are shifting from ādigital goldā to digital yield.
š„ Altcoin Season Incoming?
As ETH rallies, capital is rotating into lower-cap gems. Projects like MAGACOIN FINANCE are catching early attention with 35x growth projections.