Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Spot Ethereum ETFs saw a remarkable week, generating over $1.8 billion in net inflows, while Bitcoin funds managed just $70 million in the same period. This trend is attributed to rising interest in Ethereum spurred by the recent passage of a stablecoin bill that benefits it as a platform for transactions. BlackRock's iShares Ethereum Trust (ETHA) led the charge, adding $1.29 billion and becoming one of the fastest funds to reach $10 billion in assets. Investors are diversifying their portfolios with Ethereum, with many seeing it as a logical addition due to its significant market position as the second-largest cryptocurrency. The continuing popularity and optimism surrounding these ETH-focused funds indicate that Ethereum may maintain its momentum, although experts anticipate a potential resurgence in Bitcoin ETF flows as major financial platforms begin offering Bitcoin trading options shortly.
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