Ethereum ETFs have recorded a significant surge in inflows, surpassing Bitcoin ETFs for five consecutive days. Over the past week, Ethereum funds attracted approximately $3.4 billion, compared to $966 million in Bitcoin inflows. This trend is largely attributed to aggressive corporate accumulation of Ethereum, which is draining exchange and over-the-counter (OTC) supply. Major contributors to this uptick include BlackRock's ETHA and Fidelity's FETH. Analysts note that the appeal of Ethereum lies in its smart contract functionality, staking potentials, and the diverse earning opportunities it offers, which Bitcoin does not match. Despite the positive trends, concerns about an impending market correction in September and potential retail profit-taking persist. Industry experts predict that if institutional interest remains strong, Ethereum could see its price reach $10,000 this cycle, propelled by its utility and yield-bearing properties.

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