Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Spot Ethereum ETFs generated over $1.8 billion in investments this week, continuing a 16-day positive streak, while Bitcoin funds only added $70 million during the same period. This shift in demand is attributed to increased interest in Ethereum, especially following the passage of a stablecoin bill. BlackRock's iShares Ethereum Trust (ETHA) led the inflow, reaching over $10 billion in assets under management in just 251 days. Despite Ethereum's recent performance overshadowing Bitcoin, analysts suggest that inflows to Bitcoin ETFs may increase later this year as major financial institutions begin to offer these investment options. As of now, Ethereum is enjoying a surge in popularity, driven by its positioning in the stablecoin market and substantial inflows into its ETFs, demonstrating its growing relevance in the crypto landscape.
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