IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low
According to IntoTheBlock, ethereum (ETH) has traded at its lowest level against bitcoin (BTC) in more than 40 months, with bitcoin ETF inflows mostly positive while ethereum has experienced persistent outflows, a trend that suggests institutional investors are favoring bitcoin's relative stability over ethereum's high-risk, high-return portfolio.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Netmarble chair Bang Jun-hyuk raises stake to 38.34% via after-hours block trade
FIL cuts Keller Group stake to 4.87% from 9.92%
HB Solution top shareholder HB Technology cuts stake to 27.51% from 34.59% filing shows
Royal Caribbean to Buy 50% Stake in Sandals Resorts for $3 Billion