This week, Ethereum exchange-traded funds (ETFs) saw a significant surge, generating over $1.8 billion in net inflows, surpassing Bitcoin funds, which attracted only $70 million. This shift is attributed to heightened interest in Ethereum, especially following the recent passage of a stablecoin bill that is expected to benefit Ethereum as the leading platform for stablecoin transactions. BlackRock's iShares Ethereum Trust (ETHA) was a major contributor, adding $1.29 billion and becoming the third-fastest ETF to reach $10 billion in assets under management. Experts suggest that as investors seek diversification from Bitcoin ETFs, Ethereum's growing popularity and price momentum could continue in the short term, though they anticipate a possible resurgence in Bitcoin ETFs later this year. Ethereum's price has risen significantly, making it an attractive option for investors looking to capitalize on recent gains.

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