Bitcoin (BTC)-Linked Products Lead as Digital Assets Have Second Straight Week of Inflows: CoinShares
Since their debut in the U.S. in July, ether exchange-traded funds have struggled to keep up with their bitcoin counterparts. While bitcoin ETFs have seen over $5 billion in inflows during their first five weeks of trading, ether ETFs have experienced $500 million in outflows over the same period.
Investors seem to be more bullish on bitcoin, with its larger market cap and more established reputation compared to ether. This disparity in performance between the two types of ETFs highlights the ongoing debate in the cryptocurrency community over which digital asset is the better investment.
Despite the underperformance of ether ETFs, some investors remain optimistic about the future of the second-largest cryptocurrency by market cap. They believe that as the market matures and more institutional investors enter the space, ether could see a resurgence in interest and investment.
It’s clear that the competition between bitcoin and ether is far from over, and both cryptocurrencies have their own unique strengths and weaknesses. Only time will tell which one will come out on top in the long run.
