Ethereum has taken the spotlight in the ETF arena, recording $281.07 million in inflows across all U.S.-based spot Ethereum ETFs over the past week—significantly outpacing Bitcoin, which saw $128.81 million in outflows during the same period.
The surge in interest follows a sharp rally in ETH’s price, which jumped 54% over the past month, moving from $1,790 to above $2,700. The rapid price appreciation has reignited investor enthusiasm, driving robust capital inflows into Ethereum-related funds.
2 Straight Weeks of Inflows for ETH
ETHA, BlackRock’s ETF got the biggest inflow – $15.9 million. According to data from Farside, Ethereum ETFs have now seen two consecutive weeks of net inflows.
As a result, the total net assets in ETH ETFs have swelled to around $9.4 billion, a new milestone reflecting institutional accumulation.
This marks a pivotal shift in market dynamics, as Ethereum appears to be outpacing Bitcoin not only in price performance but also in institutional investor preference—at least for now.
ETH on the Rise?
As investor appetite appears to shift toward Ethereum, ETF flow data could offer an early signal of where smart money is heading. With over $9 billion in ETH now held by ETF issuers, Ethereum’s growing institutional foothold is becoming harder to ignore.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-etfs-see-281m-weekly-inflow-outpacing-bitcoin/
