- Ethereum ETFs just recorded their highest single-day inflows, surpassing Bitcoin ETFs
- ETH might be on the verge of a major rally after hikes in Exchange Reserves and Open Interest
Bitcoin and Ethereum ETF approvals earlier this year were no doubt essential milestones for institutional liquidity. While Bitcoin has maintained dominance in terms of inflows, Ethereum ETF daily inflows just pulled off a lead for the first time in history.
According to the latest ETF data, Ethereum ETF inflows peaked at $332.9 million on Friday. Meanwhile, Bitcoin had $320 million worth of ETF inflows during the same trading session. This is a noteworthy outcome because it was the first time that Ethereum ETFs outperformed Bitcoin ETFs in terms of inflows.
In fact, Friday also recorded the highest single day inflows. Friday recorded not only the highest inflows reported in November, but also across its entire history since Ethereum ETFs first…
