Ethereum Treasuries Take Bitcoin’s Throne: How Soon Until $5K ATH?
Hey there, everyone! Uptober has arrived, and it seems to be signaling the start of an alternative coin season as Ethereum (Ethereum) treasuries have turned the tables and are spearheading the buying excitement. Ethereum has had an impressive journey this year, rebounding from a somewhat rocky beginning in Q1 to achieve a near 80% increase in Q3 alone! What’s driving this? An influx of institutional interest, with US spot ETH ETFs amassing over $2.3 Bn in a mere six days, thus transforming the narrative and outperforming Bitcoin on a year-to-date basis.
Currently, institutions possess 3.5% of all
ETH
3.06%
ETH
ETH
Price
$4,287.55
3.06% /24h
Volume in 24h
$33.12B
Price 7d
