Spot Ethereum ETFs saw a remarkable surge this week, generating over $1.8 billion in net inflows, a stark contrast to the mere $70 million seen by Bitcoin funds. This uptick in interest is attributed to the recent passage of a stablecoin bill favorable to Ethereum and the rise of Ethereum treasury companies. Leading the charge was BlackRock's iShares Ethereum Trust, which added $1.29 billion and became one of the fastest funds to reach $10 billion in assets under management. As Ethereum's price fluctuated, the general sense among investors is that they are increasingly favoring ETH over BTC in recent times, marking a shift in the market dynamics. Experts predict that while Ethereum funds may continue their impressive performance in the short term, Bitcoin ETF flows are expected to regain momentum later in the year as major trading platforms begin heavily supporting them. Overall, strong performance of Ethereum ETFs highlights the growing demand and confidence in the second-largest cryptocurrency, indicating a potential transformative period for the crypto market.

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