Ethereum ETFs have surpassed Bitcoin ETFs in inflows for the fifth consecutive day, accumulating approximately $3.4 billion compared to $966 million for Bitcoin ETFs. This trend is attributed to aggressive corporate accumulation of Ethereum, leading to a reduction in exchange and over-the-counter (OTC) supply. On August 15, Ethereum ETFs gained $640 million, with BlackRock's ETHA and Fidelity's FETH leading the way. The significant increase in interest is largely due to Ethereum's capabilities beyond Bitcoin, particularly its support for smart contracts and staking features that provide income-generating opportunities. Analysts suggest that if this institutional interest continues, Ethereum could see its value potentially reach $10,000 in the current cycle. However, some risks remain, including historical patterns of market corrections in September and the potential for profit-taking by retail investors. Overall, there is optimism in the market as Ethereum looks to break its all-time high of nearly $4,900 soon.

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