Ether

Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January

ETH is on track to register its biggest weekly since May, but remains well below its record high.

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.

The second-largest crypto has been locked in a sizable downtrend relative to bitcoin.