Ethereum ETFs are Topping Bitcoin: ETH to Boom to $5k?
In the past week, Spot Ethereum ETFs saw $2.4B in inflows, outpacing Bitcoin ETFs’ $827M. The surge led to ETH having an overall more successful week than BTC, outpacing the king cryptocurrency in value growth by nearly 4%. The token is now moving towards a new high of $ 4,000, but is also encountering resistance along the way. That being said, the investor appetite surrounding the token has now become massive, with Ether ETFs recording a consistent streak of rapid inflows. Per the Kobeissi Letter Ethereum ETF update, spot Ether ETFs recorded a net inflow of 533.9 million on Tuesday alone. This marks their largest single-day inflows on record. As a result of its recent surge, several analysts and even investing representatives in the crypto industry are projecting ETH to potentially beat out Bitcoin in the remainder of 2025. In an interview with CNBC, Galaxy CEO Mike Novogratz praised ETH as a promising investment. When asked about whether he owns Bitcoin or Ethereum, Novogratz stated...