According to analysts at Bloomberg, Ethereum is beginning to resemble tech stocks in the 1990s.
Meanwhile, Bitcoin, the leading cryptocurrency, functions like digital gold.
According to Eric Balknath of Bloomberg, these two assets represent very different transactions.
Ether ETFs record massive influx
Experts note that Ethereum Exchange-Traded Funds (ETF) has one of the best months in the history of such a product.
Recently they recorded their second biggest week with net inflows of over $1.8 billion.
These products currently boast a cumulative net inflow of a whopping $9.62 billion. On Tuesday, they raised $218 million worth of fresh money, once again surpassing the Bitcoin ETF.
In fact, the Ishares Ethereum Trust ETF (ETHA) is one of the fastest ETFs to reach the $10 billion mark (Bitcoin ETF only).
Wild Stat: If Bitcoin ETFs were not present, $ETHA would become the fastest ETF in history, roughly double the $10 billion mark. Mind merit, but that was exactly what the release of the BTC ETF was completely insane (and we have a lot of coverage of this sht) pic.twitter.com/3cx6ddrw8t
– Eric Balchunas (@ericbalchunas) July 30, 2025
