Ethereum leads tokenized ETF inflows over past year, Token Terminal says

Ethereum posted the largest increase in tokenized ETF market capitalization among major blockchains over the past year, with ETH-based products rising by $327 million, according to Token Terminal. Solana and BNB Chain saw increases of $83 million and $62 million, respectively, while Arbitrum was the only network to post a decline, down $29 million. Unfolded said the trend is a positive sign of expanding institutional inflows into the Ethereum ecosystem, while adding that the inflows do not necessarily translate into future growth in total value locked or a rise in ETH prices.