Spot Ethereum ETFs saw a remarkable increase this week, with net inflows exceeding $1.8 billion, compared to only $70 million for Bitcoin funds. This trend marks a significant shift as Ethereum, the second-largest cryptocurrency, recently became more attractive to investors. The growth can be attributed to a surge in interest following the approval of the GENIUS Act stablecoin bill, which is expected to benefit Ethereum significantly. Notably, BlackRock's iShares Ethereum Trust led the way with $1.29 billion in investments, rapidly approaching $10 billion in assets under management. The performance was temporarily bright for Ethereum, as investors sought diversification amidst Ethereum's price surge of over 50% in the last month, despite a recent marginal drop. Analysts suggest that while Ethereum ETFs may currently outperform Bitcoin, investor patterns may shift in the latter half of the year as major financial institutions start offering Bitcoin products.

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