Ethereum ETFs have significantly outperformed Bitcoin funds this week, attracting over $1.8 billion in investments while Bitcoin funds only saw net inflows of $70 million. This shift comes as interest in Ethereum increases, bolstered by the passage of a stablecoin bill and the emergence of Ethereum treasury companies. The spikes in ETF inflows indicate a growing inclination for diversification among investors, particularly those already holding Bitcoin. BlackRock's iShares Ethereum Trust led the charge, adding $1.29 billion in investments and quickly reaching $10 billion in assets under management. Experts suggest that while Ethereum funds are currently performing well, investors may still return to Bitcoin funds in the future as major financial institutions begin to offer Bitcoin as a trading option. The current momentum for Ethereum is attributed to its price increase and the recent growth in interest among investors, highlighting a potential inflection point in the cryptocurrency market where Ethereum's appeal may continue to rise.

Source 🔗