Jiang Zhuoer: Ethereum ETF Inflows Exceed Bitcoin's
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Jiang Zhuoer, the founder of the Liebit mining pool, stated that last week, Bitcoin and Ethereum spot ETFs recorded inflows of approximately $1.92 billion and $700 million, respectively, with Ethereum ETF inflows accounting for about 36.4% of Bitcoin's. The total market capitalization of ETH is approximately 18.8% of BTC, and its ETF inflow proportion is significantly higher than its market cap ratio. Jiang pointed out that the stronger relative inflows may be one of the factors contributing to ETH's recent outperformance over BTC, with ETH's maximum increase of about 35.9%, surpassing BTC's 26.6%. Additionally, the U.S. push for cryptocurrency market structure legislation and asset tokenization may further enhance market attention on smart contract public chains.
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