Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Spot Ethereum ETFs attracted over $1.8 billion in investments this week, significantly surpassing Bitcoin funds, which added only $70 million. This surge is attributed to increasing interest in Ethereum, fueled by the recent passage of the GENIUS Act stablecoin bill and the emergence of Ethereum treasury companies. BlackRock's iShares Ethereum Trust (ETHA) led the pack, gaining $1.29 billion and swiftly reaching $10 billion in assets under management in just 251 days. Market analysts note that while Ethereum's momentum is strong, especially compared to the historical dominance of Bitcoin, there is speculation that flows may shift back towards Bitcoin ETFs later in the year as major financial platforms begin to offer them actively. Juan Leon from Bitwise Asset Management indicated that the increasing inflows into ETH funds reflect a narrowing gap between Ethereum and Bitcoin, suggesting a temporary inflection point favoring ETH. Current Ethereum pricing remains robust, trading around $3,745, reflecting a 50% increase over the last month, despite a slight downturn from its recent peak.
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