BlackRock is buying 5 times more Ethereum than Bitcoin

Ethereum’s NUPL Indicator Signals Market Shifts and Potential Trends

Glassnode’s recent revelation about Ethereum’s Net Unrealized Profit/Loss (NUPL) indicator offers a compelling lens through which to view the cryptocurrency’s price movements and investor sentiment. The NUPL, a metric that aggregates the profit and loss status of all Ethereum investors, has historically provided valuable insights into market trends. The indicator’s recent dip into the… Source

Historic First: Ethereum ETFs Beat Bitcoin In Daily Flows - Coin Surges

For the first time in the 18-month history of US spot-crypto exchange-traded funds, the day’s heaviest torrent of institutional cash swept into Ethereum, not Bitcoin. Flow tallies for Thursday put net subscriptions across the nine US spot Ether ETFs at $602 million, edging out the $522.6 million that landed in the 11-strong cohort of U spot Bitcoin ETFs. The figures, compiled by on-chain analytics site SoSoValue, mark a symbolic hand-off between…

Historic First: Ethereum ETFs Beat Bitcoin In Daily Flows

For the first time in the 18-month history of US spot-crypto exchange-traded funds, the day’s heaviest torrent of institutional cash swept into Ethereum, not Bitcoin. Flow tallies for Thursday put net subscriptions across the nine US spot Ether ETFs at $602 million, edging out the $522.6 million that landed in the 11-strong cohort of U spot Bitcoin ETFs. The figures, compiled by on-chain analytics site SoSoValue, mark a symbolic hand-off between…

BlackRock Tilts Toward Ethereum as Institutional Focus Shifts

Recent fund flow data shows BlackRock is now allocating more capital to ETH than to Bitcoin, suggesting that Wall Street’s appetite for crypto is evolving. Arkham Intelligence revealed that BlackRock added over $547 million in Ethereum exposure, outpacing its $497 million Bitcoin allocation during a single day of trading. When adjusted for market cap, this places Ethereum far ahead in the firm’s buying strategy. This pivot comes amid growing opt…

BlackRock Buys More Ethereum Than Bitcoin, Signaling Big Shift Toward Altcoins

BlackRock’s Ethereum purchases surpass $547M, outpacing Bitcoin by $50 million. Investment giant adds $499.2M worth of Ethereum on July 16, increasing holdings. Analyst Cas Abbé projects $4K ETH target within weeks using Wyckoff theory. BlackRock has purchased over $547 million worth of Ethereum, exceeding its Bitcoin inflows of $497 million by $50 million according to Arkham data. The investment manager’s ETH allocation strategy indicates stron…

Is Etherium Price About To Overtake Bitcoin? Here's What To Consider Before Buying

For years, Bitcoin has reigned supreme in the world of cryptocurrency, often referred to as the undisputed digital gold. However, a rising challenger, Ethereum, is increasingly making headlines, with many wondering if its price could soon surpass that of Bitcoin's.Ethereum, the most prominent alternative cryptocurrency, has seen a considerable 23% increase in value since the beginning of this month. This upward movement has been significantly su…