$ETH had one hell of a comeback in Q3.
ETH finished the quarter up roughly 71% around $2,684, comfortably outperforming $BTC which gained about 43%.
A big part of that move came alongside renewed institutional demand.
US spot ETH ETFs pulled in roughly $3.05B during Q3, more than enough to erase the $1.48B in net outflows from the first half of the year.
Q4 has been a different story so far though.
ETH is now trading around $2,410 and spot ETFs have seen roughly $955M in net outflows through Oct. 16.
Q3 proved the demand can come back fast.
Now the question is whether this is just a Q4 reset or the start of another fade.
ETH finished the quarter up roughly 71% around $2,684, comfortably outperforming $BTC which gained about 43%.
A big part of that move came alongside renewed institutional demand.
US spot ETH ETFs pulled in roughly $3.05B during Q3, more than enough to erase the $1.48B in net outflows from the first half of the year.
Q4 has been a different story so far though.
ETH is now trading around $2,410 and spot ETFs have seen roughly $955M in net outflows through Oct. 16.
Q3 proved the demand can come back fast.
Now the question is whether this is just a Q4 reset or the start of another fade.
