Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch
Summary
Ethereum (ETH) surpassed Solana (SOL) in inflows last week, with $45 million inflows, totaling $103 million for the year, ahead of Solana's $71 million. Overall digital asset investment products saw $1.35 billion inflows last week, impacting crypto price recovery. Ethereum ETF approval is expected today, potentially attracting significant investor cash. The ETF launch will test Ethereum's market standing and impact its price. ETH is currently trading at $3,450, down 1.5% in the 24-hour timeframe.
