Ethereum ETF inflows surged past Bitcoin funds this week, with Ethereum ETFs adding over $1.8 billion compared to a mere $70 million in Bitcoin funds. This trend reflects growing interest in Ethereum, bolstered by the recent passage of a stablecoin bill that positions Ethereum as a favorable platform for stablecoin transactions. Ric Edelman, founder of the Digital Assets Council of Financial Professionals, noted that many investors are diversifying into Ethereum, further fueled by its recent price gains. Notably, BlackRock's iShares Ethereum Trust was a major contributor, quickly reaching $10 billion in assets under management, faster than all but two other funds in ETF history. Analysts suggest that while Ethereum may continue its momentum in the short term, there could be a shift back to Bitcoin ETFs later this year as major investment platforms expand their offerings. As of now, Ethereum seems poised to outperform Bitcoin ETFs for the moment, highlighting a pivotal shift in investor behavior and market dynamics.

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