Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Spot Ethereum ETFs saw inflows of over $1.8 billion this week, outpacing Bitcoin funds, which added only $70 million. This surge in Ethereum demand is attributed to increasing interest from investors seeking to diversify away from Bitcoin. Factors contributing to this rise include the passage of a stablecoin bill, which is expected to benefit Ethereum, and a concurrent rise in Ethereum treasury companies. BlackRock's iShares Ethereum Trust led the inflows with $1.29 billion, reaching $10 billion in assets under management in just 251 days, demonstrating accelerated investor interest. Despite a recent price dip of about 3%, Ethereum is still up over 50% in the past month. Experts note that while the current trend favors ETH, there are expectations that Bitcoin ETFs may regain popularity later in the year as major financial institutions begin offering them in trading options. Overall, the week highlights a significant shift in investor behavior toward Ethereum ETFs amidst a growing bullish sentiment in the market.
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