Bitcoin ETFs are drawing substantial investor interest, with funds continuing to flow in steadily. In contrast, the launch of Ethereum ETFs hasn’t seen the same enthusiasm, facing significant outflows in the initial days without substantial inflows since. ETH’s MVRV is at 1.25, close to a key level. Our latest idea on @tradingview explores why you should watch this indicator👇 đź”—https://t.co/1Ryfbjx8Gk pic.twitter.com/yQGZwR0oGv — IntoTheBlock (@intotheblock) October 28, 2024 This discrepancy is impacting Ethereum’s performance, as ETH remains 55% below its recent high and continues to struggle relative to Bitcoin. The MVRV ratio for ETH stands at 1.25, nearing a critical level
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