This week marked a significant increase in investments in Ethereum ETFs, generating over $1.8 billion, while Bitcoin funds attracted only $70 million. The growth in Ethereum interest is attributed to recent legislative support for stablecoins and the rise of Ethereum treasury companies. BlackRock's iShares Ethereum Trust led the charge, adding $1.29 billion and becoming one of the fastest ETFs to reach $10 billion in assets under management. Experts suggest that many investors are looking for diversification beyond Bitcoin, which has historically dominated ETF flows. This shift may be temporary, as major financial platforms are expected to soon offer Bitcoin ETFs, potentially reversing the current trend. However, Ethereum's recent price surge and increased visibility in the market have contributed to its growing popularity among investors, solidifying its position as the second-largest cryptocurrency.

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