Ethereum ETF Inflows Outpace Bitcoin ETFs for Fifth Straight Day
Ethereum ETFs have significantly outpaced Bitcoin ETFs in inflows for five consecutive days, totaling approximately $3.4 billion compared to Bitcoin's $966 million during the same period. The recent surge, driven by corporate treasuries aggressively accumulating Ethereum, comes as exchange and OTC supply diminishes. Major gains were observed on August 11, with $1 billion added, followed by $730 million, $523 million, and $640 million on subsequent days. Analysts attribute this trend to Ethereum's unique advantages, such as smart contract capabilities and staking yield opportunities, positioning it as more attractive than Bitcoin. As institutional interest grows, concerns remain about potential market corrections, especially in September. Investors are optimistic that continued institutional demand could propel Ethereum's price to new highs, potentially reaching $10,000 in the next market cycle. Despite a slight decrease, Ethereum is up nearly 13% over the past week.
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