Ryan

As Bitcoin approaches its all-time high, is Ethereum's surge merely a passive follow-up, or is it brewing a more independent ETH market trend? In the past 24 hours, Bitcoin (BTC) has made a strong upward move of 3.7%, once again crossing the $110,000 mark and standing just a hair's breadth away from the all-time high set in May. Meanwhile, Ethereum (ETH) has also risen by 3.8%, rebounding above $2,620, demonstrating its correlation with Bitcoin. However, the key question is: As Bitcoin approa...

Crypto ETFs are rapidly making inroads into the mainstream financial world, with institutional investors showing a significant increase in interest in Bitcoin and Ethereum spot ETFs. According to reports from The Block and CryptoSlate, by Q4 2024, institutional interest in Ethereum spot ETFs had surged, with the proportion of institutional holdings jumping from 4.8% to 14.5%. Meanwhile, institutional investors held 25.4% of the managed assets (AUM) in Bitcoin spot ETFs, amounting to $26.8 bil...