Ethereum Cryptocurrency, Ether (ETH) has a wide range of advantages to Bitcoin (BTC) in the field of bags cited in the US stock market (ETF).
The final seven days of contributions, from Thursday, 17th to Friday, July 25th Ethher ETFs have more capital than their BTC equivalentaccumulates net profits close to $2,850 million (USD).
By contrast, Bitcoin ETFs have rarely added tickets of around $960 million over the same period.
It is also impressive that Bitcoin ETF has registered three consecutive departures from July 21st to 23rd.
And they recovered at 24 and 25 with revenues of 226 million and 120 million, but these figures fell below the numbers ETH reached in the same period ($231 million and $452 million).
Meanwhile, the etheric ETF has consolidated capital entries for 16 consecutive daysadds more than $5,000 million to that period.
This has renewed interest in Ethereum He pushed Bitcoin to continue the ether after it reached a new historic maximum price. Of the 122,000 on July 14th, ETH prices were mentioned at 3,850 on July 21st. The largest since December last year.
Ether prices remain unbreakable without breaking the $4,000 barrier in 2024, but investors seem to be expecting a revaluation. Over the past three months, ETH prices have increased 135%, approaching the $4,900 historic record in November 2021.
The boom is not explained solely for the benefit of great players. As reported by Cryptonotics Capital transfer from Bitcoin to Ether is recognizedfacilitated by a new corporate strategy like the one that was recently adopted by Sharplink Gaming, which Ether incorporated into his Treasury Department.
Furthermore, retail enthusiasm has resurfaced. Google’s search for how to buy Google has reached levels not seen in two years, reflecting the greater interest of the general public for this asset.