Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Global Ethereum ETPs outperformed Bitcoin ETPs in the past week

Global Ethereum ETPs outperformed Bitcoin ETPs in the past week

CointimeCointime2024/06/18 15:43
By:Cointime

Global Ethereum exchange-traded products (ETPs) have outperformed Bitcoin ETPs in the past week, ahead of the expected launch of the first Ethereum spot ETF in the US on July 2. Data shows that Ethereum ETPs have seen four consecutive weeks of net inflows, totaling 86,472 ETH, while Bitcoin ETPs have seen net outflows of 12,523 BTC. Matt Hougan, Chief Investment Officer of Bitwise, pointed out that investors should consider diversifying their portfolios and increasing exposure to Ethereum spot ETFs to capture more blockchain use cases. It is expected that eight companies, including BlackRock and Fidelity, will push for the approval of Ethereum spot ETFs in the final review process.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!