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BlackRock’s Ethereum ETF Greatly Outperforming Bitcoin ETF
In a surprising turn of events, Bitwise CEO Hunter Horsley has announced that despite the recent underperformance, BlackRock’s spot Bitcoin ETF is still a tremendous success and likely to be viewed as the biggest cryptocurrency story of the year. This remarkable achievement comes as no surprise to many experts in the field who have been following the trends.
In fact, according to latest data, BlackRock’s Ethereum ETF has greatly outperformed its rival, Bitcoin ETF. This remarkable disparity is expected to continue as more investors become aware of the growing importance and potential returns offered by this emerging market.
It’s worth noting that despite recent underperformance, the total inflows recorded by Bitcoin ETFs this year are expected to eclipse those recorded in 2024.
Source: u.today
