Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
This week, Ethereum ETFs attracted over $1.8 billion in net inflows, significantly overshadowing Bitcoin funds, which generated only $70 million. This shift highlights a growing interest in Ethereum, particularly following the passage of a stablecoin bill perceived to benefit Ethereum as the primary platform for stablecoin transactions. Indeed, Ethereum was trading around $3,745, reflecting over a 50% increase in the past month. The BlackRock iShares Ethereum Trust (ETHA) led with $1.29 billion in investments, making it the fastest ETF to reach $10 billion in assets under management. Experts believe this momentum may continue in the short term, with Ethereum funds potentially outpacing Bitcoin due to regulatory engagement. However, as major financial platforms begin supporting Bitcoin ETFs, shifts in investment flows could revert to Bitcoin in later months. The current environment thus represents a pivotal moment for Ethereum, impacting its market trajectory in the near future.
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