This week, Ethereum ETFs saw a striking surge, attracting over $1.8 billion in net inflows, while Bitcoin funds only managed to add $70 million, with some days experiencing outflows. The rising popularity of Ethereum is attributed to several factors, including the passing of a stablecoin bill and the emergence of Ethereum treasury companies. BlackRock’s iShares Ethereum Trust was a significant contributor, raising $1.29 billion and quickly reaching $10 billion in assets under management in just 251 days. Experts suggest that investor interest in Ethereum is increasing as they seek diversification beyond Bitcoin. Ethereum's price recently hovered around $3,745, reflecting a significant increase of over 50% over the past month. Analysts anticipate continued momentum for Ethereum ETFs, but some expect funds to shift back towards Bitcoin by the year's end as major financial platforms begin to offer Bitcoin ETFs.

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