This week, Ethereum exchange-traded funds (ETFs) have dramatically outperformed Bitcoin counterparts, with over $1.8 billion in investments compared to just $70 million for Bitcoin funds. This surge in Ethereum's popularity comes amid a favorable regulatory environment, highlighted by the recent passing of the GENIUS Act, which is expected to boost Ethereum's prominence in stablecoin transactions. Notably, BlackRock's iShares Ethereum Trust led the charge with $1.29 billion in investments and became the fastest fund to surpass $10 billion in assets under management, achieving this in just 251 days. Analysts suggest that the growing interest in Ethereum ETFs is driven by investors looking to diversify their portfolios beyond Bitcoin. Despite Ethereum's recent price fluctuations, it has seen a significant rally lately, contributing to the increased flow of funds into Ethereum-focused financial products. Analysts anticipate that while Ethereum ETFs are currently gaining traction, Bitcoin ETFs may experience renewed interest later in the year as more financial institutions start to offer them as trading options.

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