CashNews.co
In the shadow of Bitcoin topping $100,000, a rally in Ether is building steam, with investors betting the second-biggest cryptocurrency will surpass the record it reached three years ago.
Ether exchange-traded funds listed in the US saw a record daily inflow of $428 million on Thursday, data compiled by Bloomberg show. The token has soared 61% to outperform Bitcoin since Donald Trump’s Nov. 5 election victory, which touched off a crypto rally on expectations of friendlier regulations.