**Starting Difference Between Bitcoin and Ethereum ETFs After 79 Days**
It’s been almost three months since the launch of ETFs tracking Ethereum’s performance, and CryptoQuant decided to take a look at the difference in fund flows compared to data from the early days of BTC ETFs. The result? Bitcoin wins hands down! 😄
**ETF Battle: BTC vs. ETH**
- 2024 will be remembered as the year when Bitcoin and Ethereum received major validation from US regulators with their ETF launches.
- Bitcoin led the way with 11 ETFs launched in January, while Ethereum faced more headwinds with 7 ETFs launched in July.
**Interesting Data:**
- In the first 79 days, Ethereum ETFs saw outflows of over $4 billion.
- In contrast, Bitcoin ETFs saw inflows of over $29 billion.
**Price Performance:**
- Ethereum’s price has dropped 32% since its ETF launch, from $3,500 to below $2,400.
- Bitcoin surged to a new high of $73,800 before stabilizing around $60,000, up about 28%.
What do you think about this divergence? Let's discuss in the comments! 🚀