U S Spot Ether Etfs

Ether underperformed bitcoin on Friday as a sharp unwind in Asian semiconductor shares pushed major crypto assets lower. HYPE led the decline with a double-digit drop, while oil’s surge added another layer of macro pressure.

Ether has pulled ahead of the large-cap crypto market, rising about 11% over seven sessions while bitcoin gained 4.2% and several major tokens slipped. U.S. spot ether ETF inflows and new layer-2 demand from Robinhood Chain have helped narrow market attention around Ethereum.