BlackRocks Ethereum ETF Outperforms Its Bitcoin Fund

Ethereum ETF Inflows. Source: SoSo Value

Even pauses in Ethereum growth havent meaningfully interrupted the trend, as corporate investment is continuing rapidly. Most corporate crypto holders are turning to Bitcoin, which may have significant downsides.

ETH, therefore, is a popular but less crowded alternative choice, as Wall Street investment isnt fully moving the market.

Plus, Ethereum maximalism in its own right is on the rise. This topic struck particularly close to home for BlackRock today, when its Head of Digital Assets left the firm to join an ETH treasury company.

This executive helped spearhead BlackRocks crypto ETF strategies, but he felt that SharpLink could better allow him to focus on Ethereum.

With institutional investments into Ethereum picking up the pace, Bitcoins dominance has dipped more than 5% in July.

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