#MarketTurbulence The incoming flows of Ethereum ETFs crush Bitcoin with nearly 3 billion dollars last week

Spot Ethereum exchange-traded funds vastly outperformed their Bitcoin counterparts this week, recording nearly 3 billion dollars in net inflows, more than five times the 562 million dollars for Bitcoin, according to data from the research platform SoSoValue.

"Two key catalysts are behind this surge: the dynamics of crypto treasuries and the recent SEC guidance on liquid staking," said Illia Otychenko, senior analyst at CEX.IO, the cryptocurrency exchange, in comments shared with DL News.