Ethereum ETFs have surpassed Bitcoin inflows for the fifth consecutive day, with approximately $3.4 billion added over the past five days compared to $966 million for Bitcoin ETFs. Analysts attribute this surge to significant corporate accumulation of Ethereum, which is draining both exchange and over-the-counter supply. On August 15, Ethereum ETFs saw an inflow of $640 million, led by BlackRock’s ETHA and Fidelity’s FETH. The trend is further supported by a drop in supply at exchanges, as corporate entities accumulate Ethereum for their treasuries. Experts suggest that Ethereum’s unique features, such as support for smart contracts and the potential for generating staking yields, are increasing its appeal over Bitcoin. Despite the positive trends, there are warnings of possible market corrections in September, alongside risks of retail profit-taking. Nonetheless, if this institutional interest continues, experts foresee Ethereum possibly reaching $10,000 in the current cycle due to its broader utility and yield-generating opportunities within its ecosystem.

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