Ethereum exchange-traded funds (ETFs) have outpaced Bitcoin ETFs in inflows for five consecutive days, with Ethereum funds adding approximately $3.4 billion compared to $966 million for Bitcoin. This surge, attributed to aggressive corporate accumulation and the decreasing supply of Ethereum on exchanges, reflects a significant institutional interest. On August 15, Ethereum ETFs took in $640 million, led by BlackRock’s ETHA and Fidelity’s FETH. Analysts note that the appeal of Ethereum lies in its smart contract capabilities and staking features, allowing for diverse income opportunities. Despite the positive outlook, there are concerns about a potential market correction in September and retail profit-taking. Experts believe that if the current trend continues, Ethereum could reach $10,000 in this market cycle, supported by ongoing institutional demand and capital inflows. However, they caution about the risks associated with a historical market downturn that typically occurs in September.

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