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Global Ethereum ETPs outperform Bitcoin counterparts ahead of | Ethereum ™️ | ETH | News

Global Ethereum ETPs outperform Bitcoin counterparts ahead of anticipated ETF launch in US

Global Ethereum exchange-traded products have outperformed their Bitcoin counterparts over the past week ahead of the highly-anticipated launch of spot Ethereum exchange-traded funds in the U.S. Ethereum ETPs generated net inflows for their fourth consecutive week, totaling 16,911 ETH, according to data from K33 Research. Meanwhile, Bitcoin ETPs saw net outflows of 12,523 BTC — the third-worst week to date — primarily driven by U.S. spot Bitcoin ETF net outflows.

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