Spot Ethereum ETFs generated over $1.8 billion in investments this week, significantly outperforming Bitcoin funds, which saw just $70 million in inflows. This spike in interest for Ethereum comes amid growing investor appetite, driven by its recent price surge and the passage of the GENIUS Act stablecoin bill, favoring Ethereum as a platform for stablecoin transactions. Among the leading funds, BlackRock's iShares Ethereum Trust (ETHA) added $1.29 billion and reached $10 billion in assets under management (AUM) in record time. The momentum in ETH ETF inflows has contributed to closing the gap with Bitcoin, reflecting a shift in market sentiment as investors seek diversification beyond Bitcoin. Industry experts predict that while ETH funds may continue their strong performance in the short term, Bitcoin ETFs could regain investor interest later this year as major financial platforms begin offering them as trading options.

Source 🔗