Spot Ethereum ETFs have surged, generating over $1.8 billion in investments this week, while Bitcoin funds only added $70 million. This marks a significant shift in investor interest, especially following the passage of the GENIUS Act, which is expected to benefit Ethereum. Many investors are diversifying their portfolios by including Ethereum, the only other cryptocurrency available in ETF format besides Bitcoin. BlackRock's iShares Ethereum Trust played a significant role in this trend, rapidly reaching $10 billion in assets under management, making it the third-fastest fund to hit this milestone in ETF history. Despite Ethereum's current dip in price, it has risen more than 50% over the past month, drawing in investor attention. Experts predict that while Ethereum funds may maintain momentum for the short term, Bitcoin ETFs will likely see renewed interest later in the year, particularly as major trading platforms begin offering them again.

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