Ethereum News: Investment Manager Says Market Views ETH as 'More Risky' Than BTC
Ethereum has dipped below $3,100 for the first time since November 4, 2025, experiencing a 3.4% decline in 24 hours as of November 16. Investment manager Timothy Peterson noted that ether ETFs have seen net withdrawals approximating 7% of their original capital, compared to a smaller 4% for bitcoin ETFs. This suggests that investors perceive ether as a riskier asset. The metric, identifying cost-basis capital as the original investment absent of gains or losses, indicates a significant drop in confidence among ether holders. Peterson's analysis underscores a more substantial erosion of conviction among long-term participants in ether compared to those in bitcoin, reflecting a measurable trend in investor sentiment towards these cryptocurrencies.
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