Ether ETFs capture 10x more inflows than Bitcoin in 5 days
Spot Ethereum ETFs have dramatically outperformed Bitcoin funds, pulling in over $1.8 billion in inflows in just five trading days. Since last Thursday, Ether ETFs attracted $1.83 billion, while Bitcoin funds only managed $171 million. On the latest trading day, Ether funds saw $310.3 million in inflows, compared to $81.1 million for Bitcoin. This surge in Ether interest coincides with a price increase of 5% for ETH, while Bitcoin prices rose by just 2.8% in the same timeframe. Industry experts noted the shift, with one educator labeling it 'brutal.' The growth in Ether ETFs has been significant, nearing $10 billion since July, and totaling $13.6 billion in inflows since their inception 13 months ago. This contrasts with Bitcoin ETFs, which have been around for 20 months and have accumulated $54 billion. Additionally, analysts observed that major financial institutions like Goldman Sachs hold substantial investments in Ether ETFs, contributing to this trend.
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