Ethereum Outpaces Bitcoin in Spot ETF Inflows Amid Price Divergence

Over the past four days, there has been a noticeable shift in investor sentiment in the U.S. cryptocurrency exchange-traded fund (ETF) market, with Ethereum significantly outperforming Bitcoin in terms of inflows. According to data from the SoSoValue platform, the nine Ethereum spot ETFs saw substantial inflows totaling $224.8 million from November 22 to 27. In stark contrast, the twelve Bitcoin spot ETFs garnered only $32.2 million in inflows during the same period. This disparity underscores growing investor preference for Ethereum over Bitcoin.

The performance of the two cryptocurrencies has been in sharp contrast, as Bitcoin's price declined by 2.7% over the last week, while Ethereum's price surged by 5.3%, further bolstering Ethereum's appeal to investors.

With the week drawing to a close, projections indicate that Ethereum spot ETFs could surpass Bitcoin spot ETFs in weekly net inflows for the first time, based on trading activity as of November 29. This trend signals a potential shift in market dynamics and investor behavior within the cryptocurrency space.

It’s also important to highlight that Bitcoin ETFs experienced their largest weekly inflow between November 18 and 22, reaching $3.38 billion, a surge that propelled Bitcoin to its record high of $99,645.

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