Ethereum course explodes: trumps Bitcoin and attracts attention through 13 new American ETFs

Ethereum course explodes: trumps Bitcoin and attracts attention through 13 new American ETFs

The impressive increase in the Ethereum course compared to Bitcoin

In the past few months, the Ethereum (ETH) course has undergone a remarkable development, which stands out particularly in comparison to Bitcoin (BTC). The increase in Ethereum shows that the digital currency not only serves as a platform for decentralized applications and smart contracts, but is also increasingly the focus of investors.

One of the driving forces behind the positive development of Ethereum could be the American Ethereum ETFs. These funds enable investors to invest in Ethereum without having to buy the cryptocurrency directly. This has caused the demand for Ethereum grow and at the same time increase the visibility and acceptance of cryptocurrency on the market.

The increasing prices of Ethereum take a look at the underlying factors that drive the price increase. The possible influencing factors include technical developments within the Ethereum network, the increased use in the defi domain (decentralized finances) and the continued interest in NFTS (non-fungable tokens).

The comparison with Bitcoin is significant in this context, since Bitcoin is considered the first and most frequently traded cryptocurrency. Nevertheless, Ethereum shows that there is enough potential for growth and could potentially represent a new market leader in the field of digital currencies.