Bitcoin

Ethereum

<p><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a> ETFs are showing signs of weak demand, with noticeable outflows during the first 79 days after launch. On the other hand, <a href="https://blockchainreporter.net/glossary/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> ETFs recorded significant inflows during the same duration, according to data from CryptoQuant.</p><h2 id="header-0">Bitcoin ETF Sees $29.1B Inflows in 79 Days, Boosted by Institutional Interest</h2><p>Bitcoin ETFs gained increased attention from investors within first 79 days of operation: the inflows into the product reached $29.1 billion. This implies that more and more investors particularly those in the institutional space are investing in Bitcoin. The fact that it is the first and the biggest cryptocurrency could also explain why more and more people are adopting Bitcoin. It also pointed out that its acceptance by large financial institutions may also be boosting this demand.</p><p>On the other hand, the Ethereum ETFs have not performed well to date. It has experienced $4.1 billion, which reflects that the money is pulled out from the fund rather than being invested in the fund. This could mean that ETFs of Ethereum are not as trusted as Bitcoin.</p><h2 id="header-1">Bitcoin ETF Performance Reflects Strong Market Confidence, Ethereum Faces Uncertainty</h2><p>The above difference in the performance of the two ETFs might be a true indication of the market movement of the cryptocurrency. Furthermore, Bitcoin has been considered more secure and relatively mature when compared to other virtual currencies due to a higher market capitalization and past records. On the other hand, Ethereum, is also a leading digital asset. However, it may still be uncertain especially as it undergoes changes that include updates such as moving to proof of stake.</p><p>Lastly, the lack of demand for ETH ETFs is profound and persistent, as <a href="https://cryptoquant.com/" rel="noopener noreferrer nofollow">CryptoQuant</a> data demonstrate. It can also be attributed to the having evolved through the process as the cryptocurrency market develops. While others are seeking to diversify their portfolio Ethereum could also still be demanded. But for the time being, Bitcoin remains the most popular currency for everyone.</p>

Ethereum ETFs Lag Behind Bitcoin with Disappointing Stats in First 79 Days

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