Spot Ethereum ETFs have generated over $1.8 billion in net inflows this week, significantly outpacing Bitcoin funds, which only saw $70 million in additional assets. The positive trend in Ethereum investments follows legislative progress, particularly the recent passage of the GENIUS Act stablecoin bill, and growing interest in Ethereum treasury companies. Ethereum has recently surged in price, now trading around $3,745, and is up more than 50% over the past month. This uptick in investment has led many to diversify their portfolios by exploring Ethereum as a viable alternative to Bitcoin. BlackRock’s iShares Ethereum Trust (ETHA) played a pivotal role by adding $1.29 billion in investments, reaching $10 billion in assets in just 251 days, the third-fastest in ETF history. Experts predict that while Ethereum may outpace Bitcoin in flows for now, interest in Bitcoin ETFs may reignite later in the year as major financial institutions begin offering them, potentially altering the current landscape of ETF investment flows.

Source 🔗