Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Ethereum exchange-traded funds (ETFs) have significantly outperformed Bitcoin funds, attracting over $1.8 billion in investments this week alone, according to Farside Investors. This marks a remarkable 16-day streak of positive inflows for Ethereum, while Bitcoin funds added only $70 million, with several days experiencing outflows. The surge in demand for Ethereum is linked to heightened interest spurred by the recent passage of a stablecoin bill, which is expected to benefit Ethereum as it is a dominant platform for stablecoin transactions. BlackRock's iShares Ethereum Trust led the charge, accumulating $1.29 billion in investments and reaching over $10 billion in assets under management, positioning it as one of the fastest-growing ETFs in history. Experts suggest that investors are diversifying their portfolios by shifting towards Ethereum, recognizing its potential alongside Bitcoin, although trends may shift again when major financial platforms start offering Bitcoin ETFs in the latter half of the year.
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