Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Spot Ethereum ETFs generated over $1.8 billion in investments this week, continuing a 16-day positive streak. In contrast, Bitcoin funds added only $70 million over the same period, with some days showing net outflows. This shift comes amid increasing interest in Ethereum following the passage of a new stablecoin bill that could benefit the ecosystem. BlackRock's iShares Ethereum Trust led the charge with a $1.29 billion investment, becoming the fastest ETF to surpass $10 billion in assets under management. Analysts note that the momentum of Ethereum funds might continue short-term, though they predict Bitcoin ETFs will see renewed interest later in the year due to larger financial platforms beginning to offer them. This week underscores Ethereum's growing prominence in the crypto market, as investor behavior often trends toward buying rising assets. Overall, ETH has seen significant gains recently, outperforming Bitcoin, which traditionally has dominated the space.
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