$BTC
This week, the American spot exchange-traded funds for Ethereum saw a cumulative net inflow of $154.3 million, with Farside data showing outstanding performance.
This increase in incoming Ethereum flows is notable. Compared to the outflows from Bitcoin exchange-traded funds, institutions clearly prefer Ethereum, indicating the strength of the decentralized finance (DeFi) ecosystem.
Even the news of SharpLink Gaming increasing its Ethereum holdings reflects this trend.
In the long term, Ethereum may lead the recovery, but short-term volatility is high. We recommend increasing positions at low levels and waiting for favorable regulatory approvals before increasing leverage.