Top News:
1. Significant Outperformance of Ethereum Funds Over Bitcoin Funds
Spot ETFs for Ether have seen massive inflows, surpassing Bitcoin funds by a factor of 10 over the past five days, reflecting a significant shift in investor interest towards Ethereum.
My Comment: This clearly shows that Ethereum is no longer just an "alternative asset"; it is attracting increasing institutional interest thanks to its advanced use cases.
2. Rising Withdrawal Queues for Ethereum Stakers
There are over $4.6 billion worth of ETH in the staking withdrawal queue, raising withdrawal times to a new record level of nearly 17 days and 13 hours.
My Comment: This indicates that many stakers want to withdraw ETH, perhaps to capitalize on market gains or to redistribute liquidity into other opportunities.
3. Hint from Arthur Hayes: Ethereum to $20,000?
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