Ethereum’s Wild Ride: 90s Tech Stock Reborn 🚀💰

Out in the vast fields of digital finance, where the sun sets slow and the dreams are bigger, Ethereum is starting to look an awful lot like a tech stock from the 1990s. Now, you might ask, what’s so special about that? Well, it’s like comparing a Model T to a Tesla – both are vehicles, but one’s got the shiny new paint job and the other’s got the charm of yesteryear.

Meanwhile, over in the corner, Bitcoin, the granddaddy of cryptocurrencies, is sitting pretty, acting like digital gold. It’s the old reliable, the one you trust to keep its value, even if it doesn’t promise the moon and the stars.

According to the wise men at Bloomberg, these two assets represent very different trades, as explained by the sage, Eric Balchunas. He’s the kind of guy who can see the future in a spreadsheet, and he’s telling us that Ethereum is where the action is.

Ether ETFs Log Massive Inflows

The experts have noted that Ethereum exchange-traded funds (ETFs) have had one of the best months in the history of such products. It’s like a farmer having his best harvest ever, and everyone’s talking about it. Recently, they logged their second-biggest week with net inflows of more than $1.8 billion. That’s a lot of hay baled up in a short time.

These products now boast a whopping $9.62 billion of cumulative net inflows. On Tuesday, they attracted $218 million worth of fresh money, outperforming Bitcoin ETFs once again. It’s like a horse race where one horse just keeps pulling ahead, leaving the others in the dust.

In fact, iShares Ethereum Trust ETF (ETHA) is one of the fastest ETFs to hit the $10 billion mark (behind only Bitcoin ETFs). But let’s not forget, even the tortoise can win the race sometimes.

Wild Stat: If bitcoin ETFs didn’t exist, $ETHA would be the fastest ETF in history to hit the $10b mark by about 2x. Mind-melting, but that’s just how utterly insane the btc ETF launches were (and we cover this sht so much)

— Eric Balchunas (@EricBalchunas) July 30, 2025

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2025-07-30 23:48