Ethereum ETFs have surpassed Bitcoin ETFs in inflows for five consecutive days, with a total of $3.4 billion for Ethereum compared to $966 million for Bitcoin. The latest data indicates that Ethereum funds accrued $640 million in a single day, led by significant contributions from BlackRock and Fidelity. This ongoing surge is attributed to corporate accumulation of Ethereum, which is depleting available supply in exchanges and over-the-counter markets. Analysts highlight important factors such as Ethereum's support for smart contracts and staking features, making it more appealing compared to Bitcoin. While the trend shows strong institutional interest, concerns remain about potential market corrections in September and retail profit-taking. However, some experts believe that continued institutional demand could drive Ethereum's price significantly higher, possibly reaching $10,000 this cycle. As of now, Ethereum is priced around $4,446, marking an increase of nearly 13% over the last week.

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