In a notable shift in the cryptocurrency market, Ethereum exchange-traded funds (ETFs) have significantly outperformed Bitcoin funds in recent weeks, attracting over $1.8 billion in investments compared to a mere $70 million for Bitcoin. This surge in interest is attributed to several factors, including the passage of the GENIUS Act stablecoin bill, which is expected to benefit Ethereum as the leading platform for stablecoin transactions. BlackRock's iShares Ethereum Trust (ETHA) led the charge, adding $1.29 billion and swiftly reaching $10 billion in assets, making it the third-fastest fund in ETF history to achieve this milestone. The overall increase in Ethereum ETFs comes as many investors seek diversification beyond Bitcoin, with noted improvements in Ethereum's price momentum driving further interest. Experts believe this trend may continue in the short term, although there are indications that investors might shift focus back to Bitcoin in the latter half of the year as major financial platforms begin offering Bitcoin ETFs again. As a result, Ethereum's current dominance in ETF flows highlights a possible inflection point in investor sentiment between the two leading cryptocurrencies.

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