As per DL News, Ethereum pulled in $380 million in ETF inflows on October 27 and 28, surpassing Bitcoin’s $352 million, according to DefiLlama data. MEXC Research’s Shawn Young suggested Ethereum is entering a 'supercycle' with potential to reach $4,700, citing its leadership in stablecoin issuance and tokenized infrastructure. The Ethereum Foundation also announced a 47-member Privacy Cluster to enhance blockchain privacy, a move endorsed by co-founder Vitalik Buterin. Railgun, a privacy protocol, has processed $1.6 billion in shielded transfers this year. Kraken economist Thomas Perfumo noted a supportive macro outlook, with the Federal Reserve signaling a rate-cutting cycle.
Ethereum ETFs Attract $380M Inflows, Outpacing Bitcoin
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