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As ETH is about 20% of BTC market cap , there is significant pressure for these funds to rebalance their crypto portfolio, which means 10 of billions in buy pressure just from funds rebalancing their portfolio.
23.7. klo 04.24
10/ ETP Investors remain significantly underweight Ethereum vs. Bitcoin: Although ETH’s market cap is about 19% the size of BTC, Ethereum ETPs have amassed less than 12% of the assets of Bitcoin ETPs.
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