Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin. Cryptoquant: Ethereum Underperforms Bitcoin by 44% Ethereum’s transition to a proof-of-stake (PoS) blockchain, known as The Merge, took place […]
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $ 211.15 million, while ethereum ETFs faced a much smaller decline of $ 152,720. $ 211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $ 152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs …
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $ 37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $ 37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly …
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $ 82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite …
On September 2, 2024, ethereum was priced at $ 2,517, with a 24-hour intraday range of $ 2,407 to $ 2,531. Over the past week, its price fluctuated between $ 2,409 and $ 2,740, reflecting ongoing volatility. With a 24-hour trading volume of $ 14 billion and a market …