Ethereum $2,761.89 While the price fell to $ 2,000 in February, the investor interest in Spot ETH ETF listed in the US increased. Market mobility indicates that investors reconsidered their strategies. Bitcoin 
$96,137.04 In the ETFs, there was a tendency to reverse and the net outputs drew attention.
Investor interest in ETH ETFs increased
9 Spot Ethereum ETF listed in the US, in February, a total of 393 million dollars of net entries. This figure points to a serious rise compared to the previous month. The fact that the ETFs has a net output for only two days reveals that investors are largely directed to ETH.
In contrast, the 11 Bitcoin ETF had a net output of approximately $ 376 million. This shows that investor interest in Bitcoin has decreased and an orientation towards ETH. Market analysts say that investors take into account the updates and developments of Ethereum.
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Behind the increasing interest in ETH, it is seen that short position strategies are also effective as well as Spot ETF purchases. Investors are preparing to open strong positions for Ethereum’s future performance.
Ethereum updates and price expectations
Although the price of Ethereum is currently traded in the range of $ 2,600-2,800, positive expectations continue in the market. Analyst Nick Forster said that the upcoming Pectra update will bring significant improvements in the Ethereum ecosystem. Update will provide faster trading times, advanced stake mechanisms and network improvements.
Vitalik Buteter, the founder of Ethereum, will support the Network’s more efficient operation and application development processes in L1 gas limit. In addition, an investment of $ 120 million for Ethereum Foundation’s defi projects attracts the attention of major investors.
Forster said ETH’s possibility of exceeding $ 3,000 at the end of this quarter. Market movements show that Ethereum strengthens its position against Bitcoin. It is important that investors closely follow the developments in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
