Crypto trader Eugene Ng Ah Sio hinted at an Ethereum (CRYPTO: ETH) rally despite the asset’s underperformance compared to Solana (CRYPTO: SOL) and Bitcoin (CRYPTO: BTC). What Happened: The trader thinks the market conditions could be ripe for a rally, with ETH as the de-facto beta for crypto natives, especially after the announcement of Ethereum ETFs. However, the ETFs’ disappointing flows resulted in arbitrageurs emerging as winners. One month into trading, Ethereum ETFs report $7.3 billion in assets under management, significantly less than the $49 billion in Bitcoin ETFs. The trader also dr…