For the first time, Ethereum ETFs have outpaced Bitcoin ETFs in net inflows. According to Farside data, Ethereum ETFs recorded $332 million in net inflows on November 29, compared to Bitcoin ETFs’ $320 million. This milestone highlights Ethereum’s growing appeal among institutional investors and marks a significant step forward in its adoption.
Ethereum’s Profitability and Price Surge
The profitability of Ethereum (ETH) has also reached its highest point since June, with 90.8% of ETH holders now in profit, as per IntoTheBlock data. The price of ETH responded with a substantial rally, briefly surpassing $3,660 before undergoing a minor correction to $3,688.
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